Ownership interest by producer in policy - Insurable interest. It shall be unlawful for any insurance producer to receive an ownership interest in any policy, by assignment or otherwise, unless the insurance producer has an insurable interest in the life of the insured.
Okla. Stat. tit. 36, § 1435.28
Ownership interest by producer in policy - Insurable interest
Added by Laws 2001, c. 156, § 28, eff
Official source: Oklahoma Legislature. Reproduced from public-domain Oklahoma statutes; confirm against the official source for the current text. Not legal advice.