Okla. Stat. tit. 63, § 63-1-837
This is the official text of Okla. Stat. tit. 63, § 63-1-837, part of Oklahoma’s Stat. tit. 63, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 63,." Browse the sections below, each linked to its official government source.
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Insuring life of resident - Persons eligible -
Official statutory text
Assignment of benefits of life insurance policy.
A. No owner, administrator, or operator of a residential care
home shall have an insurable interest in the life of a resident of
the home unless the owner, administrator or operator is related to
the resident by blood or marriage.
B. No owner, administrator or operator of a residential care
home shall be entitled or assigned to any benefits of a life
insurance policy on a resident unless the owner, administrator or
operator is related to the resident by blood or marriage.
A. No owner, administrator, or operator of a residential care
home shall have an insurable interest in the life of a resident of
the home unless the owner, administrator or operator is related to
the resident by blood or marriage.
B. No owner, administrator or operator of a residential care
home shall be entitled or assigned to any benefits of a life
insurance policy on a resident unless the owner, administrator or
operator is related to the resident by blood or marriage.
Status: in_force · Read it on the official government site
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