Oklahoma § 36-4016 Standard provisions required in annuity and pure

Oklahoma Statutes

§ 36-4016 — Standard provisions required in annuity and pure

Oklahoma·Title 36 Insurance

endowment contracts.

A.No annuity or pure endowment contract, other than reversionary annuities, survivorship annuities or group annuities and except as stated herein, shall be delivered or issued for delivery in this state unless it contains in substance each of the provisions specified in Sections 4017 to 4022, inclusive, of this article. Any of such provisions not applicable to single premium annuities or single premium pure endowment contracts shall not, to that extent, be incorporated therein.

B.This section shall not apply to contracts for deferred annuities included in, or upon the lives of beneficiaries under, life insurance policies.

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endowment contracts. A. No annuity or pure endowment contract, other than reversionary annuities, survivorship annuities or group annuities and except as stated herein, shall be delivered or issued for delivery in this state unless it contains in substance each of the provisions specified in Sections 4017 to 4022, inclusive, of this article. Any of such provisions not applicable to single premium annuities or single premium pure endowment contracts shall not, to that extent, be incorporated therein. B. This section shall not apply to contracts for deferred annuities included in, or upon the lives of beneficiaries under, life insurance policies.

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