No life insurance policy shall be issued or delivered in this state if it provides that, on the death of anyone not specifically named therein, other than a beneficiary, the owner or beneficiary of the policy shall receive the payment or granting of anything of value. Laws 1957, p. 375, § 4028.
Dual or multiple pay policies prohibited
36 O.S. § 4028 — under Title 36 — Insurance.
36 O.S. § 4028