§ 2921. Subscriber's liability
Oklahoma Statutes AnnotatedTitle 36. Insurance
36 Okl.St.Ann. § 2921
§ 2921. Subscriber's liability
B. Except as to a nonassessable policy each subscriber shall have a contingent assessment liability, in the amount provided for in the power of attorney or in the subscribers' agreement, for payment of actual losses and expenses incurred while his policy was in force. Such contingent liability may be at the rate of not less than one nor more than ten times the premium or premium deposit stated in the policy, and the maximum aggregate thereof shall be computed in the manner set forth in Section 2925 of this article.
Credits
Laws 1957, p. 358, § 2921, operative July 1, 1957.
36 Okl. St. Ann. § 2921, OK ST T. 36 § 2921
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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