Oklahoma Statutes (Last Updated: September 18, 2014)

§ 36-4028. Dual or multiple pay policies prohibited.

Latest version.

No life insurance policy shall be issued or delivered in this state if it provides that, on the death of anyone not specifically named therein, other than a beneficiary, the owner or beneficiary of the policy shall receive the payment or granting of anything of value.

Laws 1957, p. 375, § 4028.

                    
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