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.

Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.

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.

Status: in_force · Read it on the official government site

Need a lawyer in Oklahoma?

Find a Oklahoma lawyer
About this page: Statute text is reproduced from official government publishers via the Open US Law dataset (Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine (Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.