§36-2807. Membership - Forfeiture.
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/ok/title-36-insurance/36-2807·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
After any such association is organized and has commenced business, its membership shall be composed of its policyholders only, and every person accepted as insurable shall be ipso facto a member. Noncompliance with the bylaws and nonpayment of assessments within thirty days after request so to do shall forfeit member's policy and membership; provided, such member shall be held liable for his pro rata share of any liability existing at the time his membership is forfeited. Added by Laws 1957, p. 353, § 2807, operative July 1, 1957.