Okla. Stat. tit. 36, § 36-7128
This is the official text of Okla. Stat. tit. 36, § 36-7128, part of Oklahoma’s Stat. tit. 36, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 36,." Browse the sections below, each linked to its official government source.
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Annual report - Filing fee - Failure to file
Official statutory text
Each organization shall electronically file an annual report
with the Insurance Commissioner on or before March 15 of each year
in the manner and form as the Commissioner may require, showing the
name of the financial institution holding the cemetery merchandise
trust fund and the amount of the trust fund under each contract on
the preceding December 31, and also showing the method of
determination of the wholesale costs made pursuant to Section 7126
of this title. The total required deposits to the cemetery
merchandise trust fund during the year shall also be reported. Each
cemetery is responsible for maintaining satisfactory books and
records, which will adequately justify all information contained in
the annual report required by this section. Any organization which
has discontinued the sale of prepaid cemetery merchandise, but which
still has funds deposited in a cemetery merchandise trust fund or
surety, shall not be required to obtain a renewal of its permit, but
it shall continue to make annual reports to the Commissioner until
all the funds have been disbursed pursuant to the Cemetery
Oklahoma Statutes - Title 36. Insurance Page 1495
Merchandise Trust Act. A filing fee of Two Hundred Dollars
($200.00), along with any applicable transaction or other fees,
shall accompany each report. If any officer of any organization
fails or refuses to file an annual report, or fails or refuses to
cause it to be filed within thirty (30) days after the organization
has been notified by the Commissioner that the report is due and has
not been received, the officer shall be guilty of a misdemeanor and
shall be punished as prescribed in Section 7134 of this title.
with the Insurance Commissioner on or before March 15 of each year
in the manner and form as the Commissioner may require, showing the
name of the financial institution holding the cemetery merchandise
trust fund and the amount of the trust fund under each contract on
the preceding December 31, and also showing the method of
determination of the wholesale costs made pursuant to Section 7126
of this title. The total required deposits to the cemetery
merchandise trust fund during the year shall also be reported. Each
cemetery is responsible for maintaining satisfactory books and
records, which will adequately justify all information contained in
the annual report required by this section. Any organization which
has discontinued the sale of prepaid cemetery merchandise, but which
still has funds deposited in a cemetery merchandise trust fund or
surety, shall not be required to obtain a renewal of its permit, but
it shall continue to make annual reports to the Commissioner until
all the funds have been disbursed pursuant to the Cemetery
Oklahoma Statutes - Title 36. Insurance Page 1495
Merchandise Trust Act. A filing fee of Two Hundred Dollars
($200.00), along with any applicable transaction or other fees,
shall accompany each report. If any officer of any organization
fails or refuses to file an annual report, or fails or refuses to
cause it to be filed within thirty (30) days after the organization
has been notified by the Commissioner that the report is due and has
not been received, the officer shall be guilty of a misdemeanor and
shall be punished as prescribed in Section 7134 of this title.
Status: in_force · Read it on the official government site
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