Okla. Stat. tit. 36, § 36-2511
This is the official text of Okla. Stat. tit. 36, § 36-2511, part of Oklahoma’s Stat. tit. 36, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 36,." Browse the sections below, each linked to its official government source.
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Existing corporations; amendments of articles of
Official statutory text
incorporation; effect of reincorporation.
Any domestic life or accident and health corporation, company or
association existing or doing business in this state on April 9,
1923, may, by the vote of a majority of its board of directors or
trustees, accept the provisions of this article and amend its
Oklahoma Statutes - Title 36. Insurance Page 679
articles of incorporation to conform to the same, so as to cover and
enjoy any and all the provisions and privileges of this article the
same as if it had been originally incorporated thereunder, and it
shall file such amended articles of incorporation in the office of
the Secretary of State, a certified copy of which shall be filed
with the Insurance Commissioner, and shall thereafter perpetually
enjoy the same and be deemed to have been incorporated under this
article. Reincorporation, however, shall in no way annul, modify or
change any of the existing contracts and liabilities of such
corporation, company or association, and any and all such contracts
and liabilities shall continue in force and effect the same as
though such corporation had not reincorporated or qualified under
this article, neither shall such reincorporation in any way
prejudice, impede or impair any pending action or proceeding or any
rights previously acquired.
Any domestic life or accident and health corporation, company or
association existing or doing business in this state on April 9,
1923, may, by the vote of a majority of its board of directors or
trustees, accept the provisions of this article and amend its
Oklahoma Statutes - Title 36. Insurance Page 679
articles of incorporation to conform to the same, so as to cover and
enjoy any and all the provisions and privileges of this article the
same as if it had been originally incorporated thereunder, and it
shall file such amended articles of incorporation in the office of
the Secretary of State, a certified copy of which shall be filed
with the Insurance Commissioner, and shall thereafter perpetually
enjoy the same and be deemed to have been incorporated under this
article. Reincorporation, however, shall in no way annul, modify or
change any of the existing contracts and liabilities of such
corporation, company or association, and any and all such contracts
and liabilities shall continue in force and effect the same as
though such corporation had not reincorporated or qualified under
this article, neither shall such reincorporation in any way
prejudice, impede or impair any pending action or proceeding or any
rights previously acquired.
Status: in_force · Read it on the official government site
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