Okla. Stat. tit. 36, § 36-4030.11
This is the official text of Okla. Stat. tit. 36, § 36-4030.11, 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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Calculation of certain benefits under contracts with
Official statutory text
fixed scheduled considerations.
Any paid-up annuity, cash surrender or death benefits available
at any time, other than on the contract anniversary under any
contract with fixed scheduled considerations, shall be calculated
with allowance for the lapse of time and the payment of any
scheduled considerations beyond the beginning of the contract year
in which cessation of payment of considerations under the contract
occurs.
Any paid-up annuity, cash surrender or death benefits available
at any time, other than on the contract anniversary under any
contract with fixed scheduled considerations, shall be calculated
with allowance for the lapse of time and the payment of any
scheduled considerations beyond the beginning of the contract year
in which cessation of payment of considerations under the contract
occurs.
Status: in_force · Read it on the official government site
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