Oklahoma § 36-1604 - Approval of investment
Full text of Oklahoma Oklahoma Statutes § 36-1604 — Approval of investment, with citation guidance and answers to common questions.
§ 36-1604. Approval of investment
No investment or loan shall be made by an insurer unless the
same has been authorized or approved by the insurer's board of
directors or by a committee or corporate officer authorized thereby
and charged with the duty of supervising or making such investment
or loan. The minutes of any such committee shall be recorded and
regular reports of such committee shall be submitted to the board of
directors. This section does not apply to loans made by a life
insurer on policies or annuity contracts.
Laws 1957, p. 286, § 1604; Laws 1965, c. 123, § 3.
Source: official Oklahoma text · Last verified 2026-08-27
Frequently Asked Questions About Oklahoma § 36-1604
What does Oklahoma Statutes § 36-1604 cover?
Section 36-1604 ("Approval of investment") 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 § 36-1604?
A common citation format is "Oklahoma Statutes § 36-1604" (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 § 36-1604 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.