Oklahoma § 36-1214 - Fair disclosure - Protection against misleading sales

Full text of Oklahoma Oklahoma Statutes § 36-1214 — Fair disclosure - Protection against misleading sales, with citation guidance and answers to common questions.

§ 36-1214. Fair disclosure - Protection against misleading sales

methods.

The purpose of this act is to assure fair disclosure of relevant

facts in the sale of life insurance and annuity contracts. This act

is also designed to protect citizens of the State of Oklahoma as

purchasers and prospective purchasers of life insurance policies or

annuity contracts against the use of sales methods which are

misleading because of:

1. The omission of facts fairly describing the subject matter

as a life insurance policy or annuity contract and the benefits

obtainable thereunder;

2. An undue emphasis upon facts which, even though correct, are

not relevant to the sale of life insurance or annuities; or

3. An undue emphasis upon features which are of incidental or

secondary importance to the life insurance aspects of a policy.

This act is deemed necessary for the effectuation of Section

1201 et seq., Title 36, Oklahoma Statutes, known as the Unfair

Practices and Frauds Act; Section 1401 et seq., Title 36, Oklahoma

Statutes; and Sections 2741 and 2742, Title 36, Oklahoma Statutes;

and shall be construed as supplemental and cumulative to existing

laws.

Laws 1972, c. 223, § 1, operative Jan. 15, 1974.

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

Frequently Asked Questions About Oklahoma § 36-1214

What does Oklahoma Statutes § 36-1214 cover?

Section 36-1214 ("Fair disclosure - Protection against misleading sales") 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 § 36-1214?

A common citation format is "Oklahoma Statutes § 36-1214" (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 § 36-1214 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.