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§ 3009. Division of profits

Oklahoma Statutes AnnotatedTitle 36. Insurance

Oklahoma Statutes Annotated
Title 36. Insurance (Refs & Annos)
Chapter 1. Insurance Code (Refs & Annos)
Article 30. Lloyd's Associations (Refs & Annos)
36 Okl.St.Ann. § 3009
§ 3009. Division of profits
Currentness
No profits shall accrue to an underwriter, except upon the basis of his actual investment in cash or securities, disregarding any obligation or subscription to pay in additional cash or securities at a later date.

Credits

Laws 1957, p. 362, § 3009, operative July 1, 1957.
36 Okl. St. Ann. § 3009, OK ST T. 36 § 3009
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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