{"data":{"id":"us-ok/okla.-stat.-tit.-36-36-2720.1","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 36, § 36-2720.1","heading":"Nonforfeiture benefits - Cash surrender values -","body":"Certificate loans or other options.\n\nA. For certificates issued prior to one (1) year after the\n\neffective date of this act, the value of every paid-up nonforfeiture\n\nbenefit and the amount of any cash surrender value, loan or other\n\noption granted shall comply with the provisions of law applicable\n\nimmediately prior to the effective date of this act.\n\nB. For certificates issued on or after one (1) year from the\n\neffective date of this act for which reserves are computed on the\n\nInsurance Commissioner's 1941 Standard Ordinary Mortality Table, the\n\nCommissioner's 1941 Standard Industrial Table, the Commissioner's\n\n1958 Standard Ordinary Mortality Table, or the Commissioner's 1980\n\nStandard Mortality Table, or any more recent table made applicable\n\nto life insurers, every paid-up nonforfeiture benefit and the amount\n\nof any cash surrender value, loan or other option granted shall not\n\nbe less than the corresponding amount ascertained in accordance with\n\nthe laws of this state applicable to life insurers issuing policies\n\ncontaining like benefits based upon such tables.","path":["OK Code","Title 36"],"source_url":"https://www.oklegislature.gov/OK_Statutes/CompleteTitles/os36.pdf","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:36Z","sha256":"9ee4bdf9ee67711d2a83bc88ec30392fcfbe7744949c067296180d7336939253","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-36-36-2719.1","next":"us-ok/okla.-stat.-tit.-36-36-2721.1"},"notice":"GroundRules: Original legal text. Not legal advice."}
