Oklahoma Statutes
§ 63-1-837 — Insuring life of resident - Persons eligible -
Oklahoma·Title 63 Public Health And Safety
Assignment of benefits of life insurance policy.
A.No owner, administrator, or operator of a residential care home shall have an insurable interest in the life of a resident of the home unless the owner, administrator or operator is related to the resident by blood or marriage.
B.No owner, administrator or operator of a residential care home shall be entitled or assigned to any benefits of a life insurance policy on a resident unless the owner, administrator or operator is related to the resident by blood or marriage.
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Legislative History
Added by Laws 1984, c. 128, § 25, eff. Nov. 1, 1984. Amended by Laws 1987, c. 98, § 18, emerg. eff. May 20, 1987; Laws 2001, c. 410, § 17, eff. Nov. 1, 2001.
Nearby Sections
15
§ 63-1-1001.1
Short title.§ 63-1-1001.2
Application of act - Exceptions.§ 63-1-1001.3
Definitions.§ 63-1-1001.4
Unlawful actions.§ 63-1-1001.5
Promulgation of rules.§ 63-1-1001.6
Embargo of unlawful bedding.§ 63-1-1001.7
Permits.§ 63-1-1001.8
Inspections.§ 63-1-1002.1
Short title.§ 63-1-1002.2
Requirements for retailers of bunk beds.§ 63-1-1002.3
Fines.§ 63-1-1002.4
Application of act.§ 63-1-1008
Repealed§ 63-1-1009
Renumbered§ 63-1-101
Short title.