Okla. Stat. tit. 36, § 36-2666
This is the official text of Okla. Stat. tit. 36, § 36-2666, 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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Limited liability
Official statutory text
A. The private property of the subscribers, agents, officers,
directors, members and employees of any corporation holding a
certificate of authority as provided by Section 2651 et seq. of this
title shallbe exempt from any of the debts, obligations and
liabilities of the corporation.
B. Unless the current annual statement of the corporation
discloses a surplus of Fifty Thousand Dollars ($50,000.00), such
corporation shall not contract for providing optometric service or
indemnity without a stated contingent liability of the participating
optometrists licensed in optometry in Oklahoma and who meet the
standards and rules of practice of the corporation, which shall
notbe less than one time nor more than ten times the annual cash
premium or dues expressed in the policy or contract.
directors, members and employees of any corporation holding a
certificate of authority as provided by Section 2651 et seq. of this
title shallbe exempt from any of the debts, obligations and
liabilities of the corporation.
B. Unless the current annual statement of the corporation
discloses a surplus of Fifty Thousand Dollars ($50,000.00), such
corporation shall not contract for providing optometric service or
indemnity without a stated contingent liability of the participating
optometrists licensed in optometry in Oklahoma and who meet the
standards and rules of practice of the corporation, which shall
notbe less than one time nor more than ten times the annual cash
premium or dues expressed in the policy or contract.
Status: in_force · Read it on the official government site
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