Oklahoma § 36-2505 - Valuation of outstanding policies; computation
Full text of Oklahoma Oklahoma Statutes § 36-2505 — Valuation of outstanding policies; computation, with citation guidance and answers to common questions.
§ 36-2505. Valuation of outstanding policies; computation
Each and every company incorporated transacting business under
the provisions of this article shall annually make valuations of all
outstanding policies of life insurance as of December 31st of each
year, computed upon a calculation which shall show a value not less
than that shown in accordance with the one-year preliminary term
method, based upon the American Experience Table of Mortality and
three and one-half percent (3 1/2%) per annum, assuming an average
risk exposure of six (6) months on all new policies issued within
each calendar year.
Laws 1957, p. 325, § 2505.
Source: official Oklahoma text · Last verified 2026-08-27
Frequently Asked Questions About Oklahoma § 36-2505
What does Oklahoma Statutes § 36-2505 cover?
Section 36-2505 ("Valuation of outstanding policies; computation") 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 § 36-2505?
A common citation format is "Oklahoma Statutes § 36-2505" (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 § 36-2505 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.