Oklahoma § 36-4208 - Dividends
Full text of Oklahoma Oklahoma Statutes § 36-4208 — Dividends, with citation guidance and answers to common questions.
§ 36-4208. Dividends
If a participating policy, there shall be a provision that the
insurer shall annually ascertain and apportion any divisible surplus
accruing on the policy, except that at the option of the insurer
such participation may be deferred to the end of the fifth policy
year. This provision shall not prohibit the payment of additional
dividends on default of payment of premiums or termination of the
policy.
Oklahoma Statutes - Title 36. Insurance
Laws 1957, p. 386, § 4208.
Frequently Asked Questions About Oklahoma § 36-4208
What does Oklahoma Statutes § 36-4208 cover?
Section 36-4208 ("Dividends") 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 § 36-4208?
A common citation format is "Oklahoma Statutes § 36-4208" (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 § 36-4208 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.