Oklahoma Statutes
§ 36-4030 — Manner of paying premiums for single premium life
Oklahoma § 36-4030
JurisdictionOklahoma
Title 36Insurance
This text of Oklahoma § 36-4030 (Manner of paying premiums for single premium life) is published on Counsel Stack Legal Research, covering Oklahoma primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Okla. Stat. tit. 36, § 36-4030 (2026).
Text
policies and annuity contracts.
A.Except as may be otherwise approved by the Insurance Commissioner, no single premium policy of life insurance or single premium annuity contract shall be delivered or issued for delivery in Oklahoma for a consideration other than cash, cashier's check, check, bank draft, money order, premium note or electronic payment. This act shall not apply to the transfer of securities to an insurer pursuant to the insuring of a pension or profit sharing plan qualified under the Federal Internal Revenue Code.
B.This act shall not be held to repeal or alter any law now in effect, but shall be construed as cumulative with and supplemental to other laws and acts now in effect or enacted hereafter.
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Legislative History
Added by Laws 1970, c. 154, §§ 1, 2, emerg. eff. April 7, 1970. Amended by Laws 2021, c. 478, § 22, emerg. eff. May 12, 2021.
Nearby Sections
15
§ 36-1001
Judicial review.§ 36-101
Short title.§ 36-102
"Insurance" defined.§ 36-103
"Insurer" defined.§ 36-104
"Person" defined.§ 36-105
"Transacting" insurance.§ 36-107
"Board" defined.§ 36-108
"Insurance Department" defined.§ 36-109
Compliance required.§ 36-1100
Short title - Purpose and effect.§ 36-1100.1
Definitions.§ 36-1100.2
Authority to enter multistate agreements.Cite This Page — Counsel Stack
Bluebook (online)
Oklahoma § 36-4030, Counsel Stack Legal Research, https://law.counselstack.com/statute/ok/36/36-4030.