Oklahoma § 74-1312 - Health and Dental Insurance Reserve Fund

Full text of Oklahoma Oklahoma Statutes § 74-1312 — Health and Dental Insurance Reserve Fund, with citation guidance and answers to common questions.

§ 74-1312. Health and Dental Insurance Reserve Fund

(1) Except as otherwise provided by law, all employee and

employer contributions, appropriations and dividend payments related

to the health and dental plans administered by the Chief Executive

Officer of the Oklahoma Health Care Authority shall be deposited in

a fund in the State Treasury which is hereby created and which shall

be known as the Health and Dental Insurance Reserve Fund. The money

in such fund shall be invested by the Oklahoma Employees Insurance

and Benefits Board in the manner specified in Section 1305.1 of this

title. Investment income of the fund shall be added to the fund.

Money payable to the claims administrator and all expenses in

connection with the plans shall be paid from the fund. The Board

shall have responsibility for management of the fund.

(2) All monies in the Health and Dental Insurance Reserve Fund

that are reserves for the life insurance plan administered by the

Authority shall be transferred to the Life Insurance Reserve Fund on

July 1, 1989.

Added by Laws 1967, c. 374, § 12, emerg. eff. May 23, 1967. Amended

by Laws 1970, c. 70, § 10, emerg. eff. March 17, 1970; Laws 1971, c.

297, § 1, operative July 1, 1971; Laws 1977, c. 261, § 8, emerg.

eff. June 17, 1977; Laws 1982, c. 263, § 4, emerg. eff. May 14,

1982; Laws 1982, c. 333, § 11, emerg. eff. June 1, 1982; Laws 1986,

c. 150, § 8, emerg. eff. April 29, 1986; Laws 1988, c. 165, § 11,

operative July 1, 1988; Laws 1989, c. 318, § 9, operative July 1,

1989; Laws 1991, c. 263, § 9, operative July 1, 1991; Laws 2012, c.

304, § 953; Laws 2025, c. 379, § 16, eff. Nov. 1, 2025.

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

Frequently Asked Questions About Oklahoma § 74-1312

What does Oklahoma Statutes § 74-1312 cover?

Section 74-1312 ("Health and Dental Insurance Reserve Fund") 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 § 74-1312?

A common citation format is "Oklahoma Statutes § 74-1312" (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 § 74-1312 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.