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Oklahoma · Snapshot open-us-law v2026.08, retrieved 2026-09-14

Okla. Stat. tit. 36, § 36-2619: Limited liability

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Where this section sits in the code
  1. OK Code
  2. Title 36

A. The private property of the subscribers, agents, officers,

directors, members and employees of any corporation holding a

certificate of authority under this article shall be wholly exempt

from any of the debts, obligations, and liabilities of the

corporation.

B. Until and unless the current annual statement of the

corporation discloses a surplus of Fifty Thousand Dollars

($50,000.00), such corporation shall not issue a policy or contract

without a stated contingent liability of the members, which shall

not be less than one time nor more than ten times the annual cash

premium or dues expressed in the policy or contract.

Collected 2026-09-14T18:32:36Z. Source file · JSON

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