{"data":{"id":"us-ok/okla.-stat.-tit.-36-36-4026","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 36, § 36-4026","heading":"Policy settlements","body":"Any life insurer shall have the power to hold under agreement\n\nthe proceeds of any policy issued by it, upon such terms and\n\nrestrictions as to revocation by the policyholder and control by\n\nbeneficiaries, and with such exemptions from the claims of creditors\n\nof beneficiaries other than the policyholder as set forth in the\n\npolicy or as agreed to in writing by the insurer and the\n\npolicyholder. Upon maturity of a policy, in the event the\n\npolicyholder has made no such agreement, the insurer shall have the\n\npower to hold the proceeds of the policy under an agreement with the\n\nbeneficiaries. The insurer shall not be required to segregate the\n\nfunds so held but may hold them as part of its general assets.","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":"bda1f80975925bb66cd6db4af82caf9685290a62c4da20fa904d04f642a16203","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-36-36-4025","next":"us-ok/okla.-stat.-tit.-36-36-4027"},"notice":"GroundRules: Original legal text. Not legal advice."}