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§ 4016. Standard provisions required in annuity and pure endowment contracts

Oklahoma Statutes AnnotatedTitle 36. Insurance

Oklahoma Statutes Annotated
Title 36. Insurance (Refs & Annos)
Chapter 1. Insurance Code (Refs & Annos)
Article 40. Life Insurance and Annuities
General Provisions
36 Okl.St.Ann. § 4016
§ 4016. Standard provisions required in annuity and pure endowment contracts
Currentness
A. No annuity or pure endowment contract, other than reversionary annuities, survivorship annuities or group annuities and except as stated herein, shall be delivered or issued for delivery in this state unless it contains in substance each of the provisions specified in Sections 4017 to 4022, inclusive, of this article. Any of such provisions not applicable to single premium annuities or single premium pure endowment contracts shall not, to that extent, be incorporated therein.
B. This section shall not apply to contracts for deferred annuities included in, or upon the lives of beneficiaries under, life insurance policies.

Credits

Laws 1957, p. 373, § 4016, operative July 1, 1957.
36 Okl. St. Ann. § 4016, OK ST T. 36 § 4016
Current with emergency effective legislation through Chapter 295 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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