Oklahoma § 36-3627 - Minor may give acquittance
Full text of Oklahoma Oklahoma Statutes § 36-3627 — Minor may give acquittance, with citation guidance and answers to common questions.
§ 36-3627. Minor may give acquittance
Any minor domiciled in this state who has attained the age of
sixteen (16) years shall be deemed competent to receive and to give
full acquittance and discharge for a payment or payments in
aggregate amount not exceeding Two Thousand Dollars ($2,000.00) in
any one (1) year made by a life insurer as benefits payable to such
minor in compliance with the provisions of an insurance policy,
annuity contract or settlement agreement. No such minor shall be
deemed competent to alienate the right to or to anticipate such
payments.
Oklahoma Statutes - Title 36. Insurance
This section shall not be deemed to restrict the rights of
minors set forth in subsection B of Section 3606 of this article.
Laws 1957, p. 369, § 3627.
Source: official Oklahoma text · Last verified 2026-08-27
Frequently Asked Questions About Oklahoma § 36-3627
What does Oklahoma Statutes § 36-3627 cover?
Section 36-3627 ("Minor may give acquittance") 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 § 36-3627?
A common citation format is "Oklahoma Statutes § 36-3627" (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 § 36-3627 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.