Oklahoma § 36-2421 - Reorganization and conversion complete when; rights of
Full text of Oklahoma Oklahoma Statutes § 36-2421 — Reorganization and conversion complete when; rights of, with citation guidance and answers to common questions.
§ 36-2421. Reorganization and conversion complete when; rights of
reorganized corporations.
When such mutual benefit association shall have complied with
the provisions of this article and shall have received from the
Insurance Commissioner a certificate of authority to transact
business in this state as a legal reserve life insurance company,
its reorganization and conversion into such legal reserve company
shall be complete. Such reorganized and converted corporation shall
succeed to and become invested with all and singular the rights,
privileges, franchises, and all property, real, personal or mixed,
all debts due on any account and all other things in action
theretofore belonging to such mutual benefit association, and all
property, rights, privileges, franchises and all and every other
interest including title to any real estate by deed or otherwise
vested in such former mutual benefit association shall vest in such
reorganized and converted corporation.
Laws 1957, c. 323, § 2421.
Source: official Oklahoma text · Last verified 2026-08-27
Frequently Asked Questions About Oklahoma § 36-2421
What does Oklahoma Statutes § 36-2421 cover?
Section 36-2421 ("Reorganization and conversion complete when; rights of") 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 § 36-2421?
A common citation format is "Oklahoma Statutes § 36-2421" (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 § 36-2421 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.