Okla. Stat. tit. 36, § 36-4028
This is the official text of Okla. Stat. tit. 36, § 36-4028, 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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Dual or multiple pay policies prohibited
Official statutory text
No life insurance policy shall be issued or delivered in this
state if it provides that, on the death of anyone not specifically
named therein, other than a beneficiary, the owner or beneficiary of
the policy shall receive the payment or granting of anything of
value.
state if it provides that, on the death of anyone not specifically
named therein, other than a beneficiary, the owner or beneficiary of
the policy shall receive the payment or granting of anything of
value.
Status: in_force · Read it on the official government site
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