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§ 2609. Membership--Voting--Membership fees

Oklahoma Statutes AnnotatedTitle 36. Insurance

Oklahoma Statutes Annotated
Title 36. Insurance (Refs & Annos)
Chapter 1. Insurance Code (Refs & Annos)
Article 26. Hospital Service and Medical Indemnity Corporations, Nonprofit (Refs & Annos)
36 Okl.St.Ann. § 2609
§ 2609. Membership--Voting--Membership fees
Currentness
A. Corporations organized under this article shall be mutual corporations and every person who holds a policy or contract with the corporation shall be a member of the corporation and shall be entitled to one or more votes based upon the number of policies or contracts held, and such members may vote in person or by proxy.
B. Mutual corporations organized in accordance with the provisions of this article shall be entitled to charge and collect initial membership fees or policy fees, or both such fees, in addition to premiums.

Credits

Laws 1957, p. 329, § 2609, operative July 1, 1957; Laws 1988, c. 227, § 9, emerg. eff. June 20, 1988.
36 Okl. St. Ann. § 2609, OK ST T. 36 § 2609
Current with emergency effective legislation through Chapter 257 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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