Oklahoma § 84-306 - Liability for debts and taxes

Full text of Oklahoma Oklahoma Statutes § 84-306 — Liability for debts and taxes, with citation guidance and answers to common questions.

§ 84-306. Liability for debts and taxes

The proceeds of the insurance as received by the trustee or

trustees shall not be subject to debts of the insured nor to

transfer or estate tax to any greater extent than if such proceeds

were payable to the beneficiary or beneficiaries named in the trust

and not to the estate of the insured.

Added by Laws 1967, c. 79, § 2, emerg. eff. April 18, 1967.

Source: official Oklahoma text · Last verified 2026-08-27

Frequently Asked Questions About Oklahoma § 84-306

What does Oklahoma Statutes § 84-306 cover?

Section 84-306 ("Liability for debts and taxes") is part of the Oklahoma Statutes, the codified statutory law of Oklahoma. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Oklahoma § 84-306?

A common citation format is "Oklahoma Statutes § 84-306" (Oklahoma). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Oklahoma law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Oklahoma official source linked on this page or consult a licensed Oklahoma attorney.

How does Oklahoma § 84-306 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Oklahoma can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Oklahoma.