Okla. Stat. tit. 74, § 74-1312.2
This is the official text of Okla. Stat. tit. 74, § 74-1312.2, part of Oklahoma’s Stat. tit. 74, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 74,." Browse the sections below, each linked to its official government source.
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Life Insurance Reserve Fund
Official statutory text
(1) There is hereby created in the State Treasury, the Life
Insurance Reserve Fund. Except as otherwise provided by law, all
contributions, appropriations, transfers, dividend payments, and
investment income of the fund received from or for the benefit of
the life insurance plan administered by the Oklahoma Health Care
Authority shall be deposited in the reserve fund.
The monies in said reserve fund shall be invested by the
Oklahoma Employees Insurance and Benefits Board in the manner
specified in Section 1305.1 of this title. The Board shall have
responsibility for management of the fund.
Money payable to the claims administrator and all expenses in
connection with the life insurance plan shall be paid from the
reserve fund.
(2) All monies in the Life Insurance Reserve Fund that are
reserves for the health and dental plans administered by the
Oklahoma Health Care Authority shall be transferred to the Health
and Dental Insurance Reserve Fund on July 1, 1989.
Insurance Reserve Fund. Except as otherwise provided by law, all
contributions, appropriations, transfers, dividend payments, and
investment income of the fund received from or for the benefit of
the life insurance plan administered by the Oklahoma Health Care
Authority shall be deposited in the reserve fund.
The monies in said reserve fund shall be invested by the
Oklahoma Employees Insurance and Benefits Board in the manner
specified in Section 1305.1 of this title. The Board shall have
responsibility for management of the fund.
Money payable to the claims administrator and all expenses in
connection with the life insurance plan shall be paid from the
reserve fund.
(2) All monies in the Life Insurance Reserve Fund that are
reserves for the health and dental plans administered by the
Oklahoma Health Care Authority shall be transferred to the Health
and Dental Insurance Reserve Fund on July 1, 1989.
Status: in_force · Read it on the official government site
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