Okla. Stat. tit. 36, § 36-2706.1
This is the official text of Okla. Stat. tit. 36, § 36-2706.1, 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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Laws or rules required
Official statutory text
A. A society shall specify in its laws or rules:
1. Eligibility standards for each and every class of
membership; provided, if benefits are provided on the lives of
children, the minimum age for adult membership shall be set at not
less than age fifteen (15) nor greater than age twenty-one (21);
2. The process for admission to membership for each membership
class; and
3. The rights and privileges of each membership class;
provided, only benefit members shall have the right to vote on the
management of the insurance affairs of the society.
Oklahoma Statutes - Title 36. Insurance Page 714
B. A society may also admit social members who shall have no
voice or vote in the management of the insurance affairs of the
society.
C. Membership rights in the society are personal to the member
and are not assignable.
1. Eligibility standards for each and every class of
membership; provided, if benefits are provided on the lives of
children, the minimum age for adult membership shall be set at not
less than age fifteen (15) nor greater than age twenty-one (21);
2. The process for admission to membership for each membership
class; and
3. The rights and privileges of each membership class;
provided, only benefit members shall have the right to vote on the
management of the insurance affairs of the society.
Oklahoma Statutes - Title 36. Insurance Page 714
B. A society may also admit social members who shall have no
voice or vote in the management of the insurance affairs of the
society.
C. Membership rights in the society are personal to the member
and are not assignable.
Status: in_force · Read it on the official government site
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