Oklahoma § 36-2504 - Companies to which applicable; application of other laws;
Full text of Oklahoma Oklahoma Statutes § 36-2504 — Companies to which applicable; application of other laws;, with citation guidance and answers to common questions.
§ 36-2504. Companies to which applicable; application of other laws;
use of term "stipulated premium".
Any corporation, company or association issuing policies or
certificates promising money or other benefits to a member or
policyholder, or, upon his decease, to his legal representatives, or
to beneficiaries designated by him, which money or benefit is
derived from stipulated premiums collected in advance from its
members or policyholders, and from interest and other accumulations,
and wherein the money or other benefits so realized is applied to or
accumulated solely for the use and purposes of the corporation as
herein specified, and for the necessary expenses of the corporation,
and the prosecution and enlargement of its business and which shall
comply with all the provisions of this article, shall be deemed to
be engaged in the business of life insurance and accident and health
insurance upon the stipulated premium plan. It shall be unlawful
for any corporation, company or association not having complied with
the provisions of this article to use the term "stipulated premium"
in its application or contracts, or to print or write the same in
its policies, literature or advertisements.
Laws 1957, p. 324, § 2504.
Source: official Oklahoma text · Last verified 2026-08-27
Frequently Asked Questions About Oklahoma § 36-2504
What does Oklahoma Statutes § 36-2504 cover?
Section 36-2504 ("Companies to which applicable; application of other laws;") 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 § 36-2504?
A common citation format is "Oklahoma Statutes § 36-2504" (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 § 36-2504 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.