Oklahoma § 36-2422 - Creditors' rights; liens; contracts; pending suits
Full text of Oklahoma Oklahoma Statutes § 36-2422 — Creditors' rights; liens; contracts; pending suits, with citation guidance and answers to common questions.
§ 36-2422. Creditors' rights; liens; contracts; pending suits
The rights of creditors and all liens upon the property of the
former mutual benefit association shall be preserved unimpaired and
all debts, liabilities, contracts and duties of the former mutual
benefit association shall thenceforth attach to the reorganized and
converted organization, and such reorganized and converted
corporation shall be obligated to carry out and perform all of the
obligations of every kind and character owing by the former mutual
benefit association to the holders of its policies or certificates;
and said policies or certificates shall be administered in
accordance with the provisions of the law in force at the time said
policies were issued. Any pending suits wherein the former mutual
benefit association was a party shall be unaffected by the
conversion thereof, and shall be prosecuted by or against such
reorganized and converted corporation the same as if the conversion
had not taken place.
Laws 1957, p. 323, § 2422.
Source: official Oklahoma text · Last verified 2026-08-27
Frequently Asked Questions About Oklahoma § 36-2422
What does Oklahoma Statutes § 36-2422 cover?
Section 36-2422 ("Creditors' rights; liens; contracts; pending suits") 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 § 36-2422?
A common citation format is "Oklahoma Statutes § 36-2422" (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 § 36-2422 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.