Oklahoma § 36-4106 - Group annuity; grace period

Full text of Oklahoma Oklahoma Statutes § 36-4106 — Group annuity; grace period, with citation guidance and answers to common questions.

§ 36-4106. Group annuity; grace period

In group annuity contracts there shall be a provision that there

shall be a period of grace, either of thirty (30) days or of one (1)

month, within which any stipulated payment to be remitted by the

holder to the insurer, falling due after one (1) year from date of

Oklahoma Statutes - Title 36. Insurance

issue, may be made, subject, at the option of the insurer, to an

interest charge thereon at a rate to be specified in the contract,

which shall not exceed six percent (6%) per annum for the number of

days of grace elapsing before such payment.

Laws 1957, p. 384, § 4106.

Source: official Oklahoma text · Last verified 2026-08-27

Frequently Asked Questions About Oklahoma § 36-4106

What does Oklahoma Statutes § 36-4106 cover?

Section 36-4106 ("Group annuity; grace period") 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 § 36-4106?

A common citation format is "Oklahoma Statutes § 36-4106" (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 § 36-4106 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.