Okla. Stat. tit. 36, § 36-2722.1

A. All assets shall be held, invested and disbursed for the use

and benefit of the society and no member or beneficiary shall have

or acquire individual rights therein or become entitled to any

apportionment on the surrender of any part thereof, except as

provided in the benefit contract.

B. A society may create, maintain, invest, disburse and apply

any special fund or funds necessary to carry out any purpose

permitted by the laws of such society.

C. A society may, pursuant to resolution of its supreme

governing body, establish and operate one or more separate accounts

and issue contracts on a variable basis, subject to the provisions

of law regulating life insurers establishing such accounts and

issuing such contracts. To the extent the society deems it

necessary in order to comply with any applicable federal or state

laws, or any rules issued thereunder, the society may adopt special

procedures for the conduct of the business and affairs of a separate

account; may, for persons having beneficial interests therein,

provide special voting and other rights, including, without

limitation, special rights and procedures relating to investment

policy, investment advisory services, selection of a licensed public

accountant or a certified public accountant holding a permit to

practice accounting, and selection of a committee to manage the

business and affairs of the account; and may issue contracts on a

variable basis to which subsections B and D of Section 19 of this

act shall not apply.