Oklahoma § 36-4030.9 - Maturity dates
Full text of Oklahoma Oklahoma Statutes § 36-4030.9 — Maturity dates, with citation guidance and answers to common questions.
§ 36-4030.9. Maturity dates
For the purpose of determining the benefits calculated under
Sections 4030.7 and 4030.8 of this title for annuity contracts
issued on or after November 1, 2013, the maturity date shall be
deemed to be the latest date for which election shall be permitted
by the contract, but shall not be deemed to be later than the
anniversary of the contract next following the annuitant's
seventieth birthday or the tenth anniversary of the contract,
whichever is later.
However, if surrender charge scales are
measured from the date of each premium payment, the maturity date
shall be deemed to be the latest date for which election shall be
permitted by the contract, but shall not be deemed to be later than
the anniversary of the contract next following the annuitant's
seventieth birthday or the tenth anniversary of the payment,
whichever is later.
Added by Laws 2000, c. 353, § 23, eff. Nov. 1, 2000. Amended by
Laws 2004, c. 274, § 15, eff. July 1, 2004; Laws 2013, c. 269, § 10,
eff. Nov. 1, 2013; Laws 2014, c. 275, § 17, eff. Nov. 1, 2014.
Frequently Asked Questions About Oklahoma § 36-4030.9
What does Oklahoma Statutes § 36-4030.9 cover?
Section 36-4030.9 ("Maturity dates") 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 § 36-4030.9?
A common citation format is "Oklahoma Statutes § 36-4030.9" (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 § 36-4030.9 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.