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.

Free access — add to your briefcase to read the full text and ask questions with AI

Oklahoma § 63-1-837 (Insuring life of resident - Persons eligible -) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

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.
§ 63-1-1001.3
Definitions.
§ 63-1-1001.4
Unlawful actions.
§ 63-1-1001.7
Permits.
§ 63-1-1001.8
Inspections.
§ 63-1-1002.1
Short title.
§ 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Repealed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.
View on official source ↗