Oklahoma § 36-2619
Full text of Oklahoma Oklahoma Statutes § 36-2619, with citation guidance and answers to common questions.
§ 36-2619.
Limited liability.
Oklahoma Statutes - Title 36. Insurance
A. The private property of the subscribers, agents, officers,
directors, members and employees of any corporation holding a
certificate of authority under this article shall be wholly exempt
from any of the debts, obligations, and liabilities of the
corporation.
B. Until and unless the current annual statement of the
corporation discloses a surplus of Fifty Thousand Dollars
($50,000.00), such corporation shall not issue a policy or contract
without a stated contingent liability of the members, which shall
not be less than one time nor more than ten times the annual cash
premium or dues expressed in the policy or contract.
Laws 1957, p. 331, § 2619.
Frequently Asked Questions About Oklahoma § 36-2619
What does Oklahoma Statutes § 36-2619 cover?
Section 36-2619 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 § 36-2619?
A common citation format is "Oklahoma Statutes § 36-2619" (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 § 36-2619 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.