§ 50-113. Purposes of pension fund--Limitation on payments
Oklahoma Statutes AnnotatedTitle 11. Cities and Towns
11 Okl.St.Ann. § 50-113
§ 50-113. Purposes of pension fund--Limitation on payments
All the funds in the System shall be used only for the following purposes:
The System has no responsibility for the marketing, enrolling or administration of the products for which warrant deductions are authorized under this paragraph.
Approval of a warrant deduction for any insurance organization, line of coverage or policy shall not be construed as an assumption of liability, for the terms of the policy or the performance of the insurance organization by the Oklahoma Police Pension and Retirement System;
Such payments in any event shall not exceed the limits provided in this article.
Credits
Laws 1977, c. 256, § 50-113, eff. July 1, 1978; Laws 1980, c. 356, § 18, eff. Jan. 1, 1981; Laws 1988, c. 321, § 17, operative July 1, 1988; Laws 1995, c. 162, § 1, emerg. eff. May 2, 1995; Laws 2007, c. 152, § 1, eff. July 1, 2007.
11 Okl. St. Ann. § 50-113, OK ST T. 11 § 50-113
Current with emergency effective legislation through Chapter 106 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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