§ 4030.11. Calculation of certain benefits under contracts with fixed scheduled considerations
Oklahoma Statutes AnnotatedTitle 36. Insurance
36 Okl.St.Ann. § 4030.11
§ 4030.11. Calculation of certain benefits under contracts with fixed scheduled considerations
Any paid-up annuity, cash surrender or death benefits available at any time, other than on the contract anniversary under any contract with fixed scheduled considerations, shall be calculated with allowance for the lapse of time and the payment of any scheduled considerations beyond the beginning of the contract year in which cessation of payment of considerations under the contract occurs.
Credits
Laws 2000, c. 353, § 25, eff. Nov. 1, 2000.
36 Okl. St. Ann. § 4030.11, OK ST T. 36 § 4030.11
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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