Okla. Stat. tit. 36 § 6062

Current through Laws 2024, c. 453.

Section 6062 - Application of insurance laws

Except for Sections 4003, 4008, 4009, 4010, 4011, 4017, 4021, 4022, 4029, subsection 1 of 4103, 4106 and 4109, and except as otherwise provided in this act, all pertinent provisions of the insurance laws of this state shall apply to separate accounts and contracts relating thereto, provided, that such individual contracts delivered in this state shall contain grace, reinstatement and nonforfeiture provisions appropriate to such contracts. Any group variable life insurance contract delivered in this state shall contain a grace provision appropriate to such contract.

Okla. Stat. tit. 36, § 6062

Laws 1967, HB 813, c. 287, § 2, emerg. eff. 5/8/1967; Amended by Laws 1969, HB 1016, c. 94, § 2, emerg. eff. 3/27/1969; Amended by Laws 1973, HB 1257, c. 194, § 2, emerg. eff. 5/16/1973.