{"data":{"id":"us-ok/okla.-stat.-tit.-36-36-3631.1","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 36, § 36-3631.1","heading":"Certain money and benefits exempt from legal process or","body":"seizure - Exceptions.\n\nA. All money or benefits of any kind, including policy proceeds\n\nand cash values, to be paid or rendered to the insured or any\n\nbeneficiary under any policy of insurance issued by a life, health\n\nor accident insurance company, under any policy issued by a mutual\n\nbenefit association, or under any plan or program of annuities and\n\nbenefits, shall:\n\n1. Inure exclusively to the benefit of the person for whose use\n\nand benefit the money or benefits are designated in the policy, plan\n\nor program;\n\n2. Be fully exempt from execution, attachment, garnishment or\n\nother process;\n\n3. Be fully exempt from being seized, taken or appropriated or\n\napplied by any legal or equitable process or operation of law to pay\n\nany debt or liability of the insured or of any beneficiary, either\n\nbefore or after said money or benefits is or are paid or rendered;\n\nand\n\n4. Be fully exempt from all demands in any bankruptcy\n\nproceeding of the insured or beneficiary.\n\nB. The exemptions provided by subsection A of this section\n\nshall apply without regard to whether:\n\n1. The power to change the beneficiary is reserved to the\n\ninsured; or\n\n2. The insured or the insured's estate is a contingent\n\nbeneficiary.\n\nC. The exemptions provided by subsection A of this section do\n\nnot apply to:\n\n1. Premium payments made in fraud of creditors subject to the\n\napplicable statute of limitations for the recovery of the premium\n\npayments;\n\n2. Fines imposed for violation of state or federal statutes; or\n\n3. A debt of the insured or beneficiary secured by a pledge of\n\nthe policy or its proceeds.\n\nD. This section shall not prevent the proper assignment of any\n\nmoney or benefits to be paid or rendered under an insurance policy,\n\nor any rights under the policy, by the insured or owner in\n\naccordance with the terms of the policy. A policy shall also be\n\ndeemed to be payable to a person other than the insured if and to\n\nthe extent that a facility-of-payment clause or similar clause in\n\nthe policy permits the insurer to discharge its obligation after the\n\ndeath of the individual insured by paying the death benefits to a\n\nperson as permitted by such clause.\n\nE. Wherever any policy of insurance or plan or program of\n\nannuities and benefits mentioned in subsection A of this section\n\nshall contain a provision against assignment or commutation by any\n\nbeneficiary thereunder of the money or benefits to be paid or\n\nrendered thereunder, or any rights therein, any assignment or\n\ncommutation or any attempted assignment or commutation by such\n\nbeneficiary of such money or benefits or rights in violation of such\n\nprovision shall be wholly void.\n\nF. This section shall apply to money or benefits to be paid or\n\nrendered to an insured or a beneficiary under any policy, plan or\n\nprogram provided for in subsection A of this section without regard\n\nto whether the policy was issued or the plan or program was\n\nestablished before, on, or after September 1, 1992.","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":"a92c038dc84375b97713ece3c36bc3bd4ed8adf816ecd1eb6cfd68ce9528de96","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-36-36-3630","next":"us-ok/okla.-stat.-tit.-36-36-3632"},"notice":"GroundRules: Original legal text. Not legal advice."}