Oklahoma Statutes (Last Updated: September 18, 2014)

§ 36-1435.28. Ownership interest by producer in policy – Insurable interest.

Latest version.

It shall be unlawful for any insurance producer to receive an ownership interest in any policy, by assignment or otherwise, unless the insurance producer has an insurable interest in the life of the insured.

Added by Laws 2001, c. 156, § 28, eff. Nov. 1, 2001.

                    
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