Oklahoma § 36-6147 - Financial reserve
Full text of Oklahoma Oklahoma Statutes § 36-6147 — Financial reserve, with citation guidance and answers to common questions.
§ 36-6147. Financial reserve
A. A prepaid dental plan organization shall maintain, for
protection of members, a financial reserve consisting of at least
two percent (2%) of all prepaid charges collected from members for
the prepaid dental plan, until said reserve totals Five Hundred
Thousand Dollars ($500,000.00). This reserve shall be in addition to
the deposit prescribed by Section 6 of this act.
B. The reserve prescribed by this section shall not apply with
respect to a prepaid dental plan organization which is funded by the
state, a political subdivision of the state, or the United States.
Added by Laws 1983, c. 66, § 7, eff. Nov. 1, 1983.
Frequently Asked Questions About Oklahoma § 36-6147
What does Oklahoma Statutes § 36-6147 cover?
Section 36-6147 ("Financial reserve") 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 § 36-6147?
A common citation format is "Oklahoma Statutes § 36-6147" (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 § 36-6147 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.