Oklahoma § 74-1312.2 - Life Insurance Reserve Fund
Full text of Oklahoma Oklahoma Statutes § 74-1312.2 — Life Insurance Reserve Fund, with citation guidance and answers to common questions.
§ 74-1312.2. Life Insurance Reserve Fund
(1) There is hereby created in the State Treasury, the Life
Insurance Reserve Fund. Except as otherwise provided by law, all
contributions, appropriations, transfers, dividend payments, and
investment income of the fund received from or for the benefit of
the life insurance plan administered by the Oklahoma Health Care
Authority shall be deposited in the reserve fund.
The monies in said reserve fund shall be invested by the
Oklahoma Employees Insurance and Benefits Board in the manner
specified in Section 1305.1 of this title. The Board shall have
responsibility for management of the fund.
Money payable to the claims administrator and all expenses in
connection with the life insurance plan shall be paid from the
reserve fund.
(2) All monies in the Life Insurance Reserve Fund that are
reserves for the health and dental plans administered by the
Oklahoma Health Care Authority shall be transferred to the Health
and Dental Insurance Reserve Fund on July 1, 1989.
Added by Laws 1988, c. 165, § 13, operative July 1, 1988. Amended
by Laws 1989, c. 318, § 11, operative July 1, 1989; Laws 1991, c.
263, § 10, operative July 1, 1991; Laws 2012, c. 304, § 955; Laws
2025, c. 379, § 18, eff. Nov. 1, 2025.
Source: official Oklahoma text · Last verified 2026-08-27
Frequently Asked Questions About Oklahoma § 74-1312.2
What does Oklahoma Statutes § 74-1312.2 cover?
Section 74-1312.2 ("Life 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 § 74-1312.2?
A common citation format is "Oklahoma Statutes § 74-1312.2" (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 § 74-1312.2 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.