Okla. Stat. tit. 36, § 36-4027
This is the official text of Okla. Stat. tit. 36, § 36-4027, 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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Authorized deductions from insurance proceeds
Official statutory text
In determining the amount due under any life insurance policy
heretofore or hereafter issued, deduction may be made of:
1. Any unpaid premiums or instalments thereof for the current
policy year due under the terms of the policy, and of
2. The amount of principal and accrued interest of any policy
loan or other indebtedness against the policy then remaining unpaid.
heretofore or hereafter issued, deduction may be made of:
1. Any unpaid premiums or instalments thereof for the current
policy year due under the terms of the policy, and of
2. The amount of principal and accrued interest of any policy
loan or other indebtedness against the policy then remaining unpaid.
Status: in_force · Read it on the official government site
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