Oklahoma § 36-3622 - Binders
Full text of Oklahoma Oklahoma Statutes § 36-3622 — Binders, with citation guidance and answers to common questions.
§ 36-3622. Binders
A. Binders or other contracts for temporary insurance may be
made orally or in writing, and shall be deemed to include all the
usual terms of the policy as to which the binder was given together
with such applicable endorsements as are designated in the binder,
except as superseded by the clear and express terms of the binder.
B. No binder shall be valid beyond the issuance of the policy
with respect to which it was given, or beyond ninety (90) days from
its effective date, whichever period is the shorter.
C. If the policy has not been issued a binder may be extended
or renewed beyond such ninety (90) days with the written approval of
the Insurance Commissioner, or in accordance with such rules and
regulations relative thereto as the Commissioner may promulgate.
D. This section shall not apply to life or accident and health
insurances.
Laws 1957, p. 368, § 3622.
Frequently Asked Questions About Oklahoma § 36-3622
What does Oklahoma Statutes § 36-3622 cover?
Section 36-3622 ("Binders") 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 § 36-3622?
A common citation format is "Oklahoma Statutes § 36-3622" (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 § 36-3622 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.