Oklahoma Statutes (Last Updated: September 18, 2014)

§ 84-306. Liability for debts and taxes.

Latest version.

The proceeds of the insurance as received by the trustee or trustees shall not be subject to debts of the insured nor to transfer or estate tax to any greater extent than if such proceeds were payable to the beneficiary or beneficiaries named in the trust and not to the estate of the insured.

Laws 1967, c. 79, § 2, emerg. eff. April 18, 1967.

                    
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