Oklahoma § 36-3605 - Insurable interest with respect to property insurance
Full text of Oklahoma Oklahoma Statutes § 36-3605 — Insurable interest with respect to property insurance, with citation guidance and answers to common questions.
§ 36-3605. Insurable interest with respect to property insurance
A. No insurance contract on property or of any interest therein
or arising therefrom shall be enforceable as to the insurance except
for the benefit of persons having an insurable interest in the
things insured.
B. "Insurable interest" as used in this section means any
actual, lawful, and substantial economic interest in the safety or
preservation of the subject of the insurance free from loss,
destruction, or pecuniary damage or impairment.
C. The measure of an insurable interest in property is the
extent to which the insured might be damnified by loss, injury, or
impairment thereof.
Laws 1957, p. 363, § 3605.
Oklahoma Statutes - Title 36. Insurance
Source: official Oklahoma text · Last verified 2026-08-27
Frequently Asked Questions About Oklahoma § 36-3605
What does Oklahoma Statutes § 36-3605 cover?
Section 36-3605 ("Insurable interest with respect to property insurance") 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 § 36-3605?
A common citation format is "Oklahoma Statutes § 36-3605" (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 § 36-3605 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.