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§ 1435.28. Ownership interest by producer in policy--Insurable interest

Oklahoma Statutes AnnotatedTitle 36. Insurance

Oklahoma Statutes Annotated
Title 36. Insurance (Refs & Annos)
Chapter 1. Insurance Code (Refs & Annos)
Article 14a. Oklahoma Producer Licensing Act (Refs & Annos)
36 Okl.St.Ann. § 1435.28
§ 1435.28. Ownership interest by producer in policy--Insurable interest
It shall be unlawful for any insurance producer to receive an ownership interest in any policy, by assignment or otherwise, unless the insurance producer has an insurable interest in the life of the insured.

Credits

Laws 2001, c. 156, § 28, eff. Nov. 1, 2001.
36 Okl. St. Ann. § 1435.28, OK ST T. 36 § 1435.28
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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