Okla. Stat. tit. 8, § 8-205

trust fund - Mutual character - Members - Articles of agreement -

Fees and assessments.

Oklahoma Statutes - Title 8. Cemeteries Page 18

That all burial associations now operating or that may be

hereafter organized, as incorporated or nonincorporated

associations, which are nonprofit sharing in their operations and

pay no fees or salaries to any of their officers and have no capital

stock and which comply with the provisions of this act shall be

exempt from the operations and the effect of the insurance laws of

the State of Oklahoma; and shall not be required to comply with the

insurance laws of the said state; provided, that all monies

collected by said associations shall be accounted for; provided

further that not more than twenty-five percent (25%) of said funds

are to be used for operating expenses, and not less than seventy-

five percent (75%) of the funds so collected is to be held as a

trust fund for the benefit of the members.

Associations licensed under this act shall be mutual

associations and every person who applies for and holds a burial

agreement shall be a member of the association, in accordance with

the bylaws of the association and shall be entitled to one vote, and

such members may vote in person or by proxy. Burial associations

are hereby declared to be charitable and benevolent associations.

The following shall be the Uniform Article of Agreement between

burial associations and their members.

ARTICLES OF AGREEMENT

Article 1. In consideration of One Dollar ($1.00) Membership

fee and assessments of fifty cents ($0.50) per month, or Five

Dollars ($5.00) for twelve (12) assessments if paid in advance, we

agree to furnish the following protection for an entire family who

live at home, and are solely dependent upon the head of the house.

This protection also covers school students. All applicants must be

in good health at the time of application for membership. Upon

marriage of any of the children, they are automatically dropped from

this certificate.

Article 2. All assessments are due on the first day of each

month and carry fifteen (15) days grace, becoming delinquent on

midnight of the fifteenth. Any certificate which has lapsed on

account of failure to pay an assessment, may be reinstated by paying

a fifty-cent assessment, provided that if any member of the family

is sick at the time of such reinstatement benefits will not be

reinstated on such sick person until his recovery.

Article 3. All persons between the ages of seven (7) and

seventy (70) at the time of application for membership are entitled

to One Hundred Dollars ($100.00) burial benefits; all children under

the age of seven (7) are entitled to Fifty Dollars ($50.00) burial

benefits; upon reaching the age of seven (7), children are

automatically entitled to One Hundred Dollars ($100.00) burial

benefits; applicants who join after they have reached the age of

seventy (70) are entitled to Fifty Dollars ($50.00) burial benefits.

Stillborn babies are entitled to Twenty-five Dollars ($25.00) burial

Oklahoma Statutes - Title 8. Cemeteries Page 19

benefits. In the event a baby is born into the family, the name may

be placed on the certificate at no additional charge.

Article 4. All benefits are for service and merchandise only

and must be furnished by the association. Said association will not

be responsible for any debts incurred by the death of any member of

this association.

Article 5. In the event death occurs beyond the distance of

fifty (50) miles, the burial association being duly notified, may,

in lieu of the above complete service, deliver to the express office

for shipment, merchandise in the value as specified in this

certificate, or mail Sixty Dollars ($60.00) to the policy holder.

All express charges shall be paid by the certificate holder.

Provided further that the Oklahoma State Board of Embalmers and

Funeral Directors shall draft a uniform application for membership
d, may,

in lieu of the above complete service, deliver to the express office

for shipment, merchandise in the value as specified in this

certificate, or mail Sixty Dollars ($60.00) to the policy holder.

All express charges shall be paid by the certificate holder.

Provided further that the Oklahoma State Board of Embalmers and

Funeral Directors shall draft a uniform application for membership

which shall be used by all burial associations operating in the

State of Oklahoma, or which may be hereafter organized, said

application for membership shall have printed across the face in red

ink the following language: "This is not an application for life

insurance." Said Board shall also provide for uniform membership

fees, dues and/or assessments; the membership fee of One Dollar

($1.00) shall be the assessment for the first month in which the

agreement is issued, provided the remaining dues or assessments to

be not less than fifty cents ($0.50) on a monthly basis, provided,

however, that twelve (12) assessments may be paid in advance for

Five Dollars ($5.00) and, provided further that if the funds on hand

in the trust fund are equal to fifty cents ($0.50) for each

certificate in force a monthly assessment may be passed until such

time as the funds in the trust are less than fifty cents ($0.50) for

each certificate in force. Provided that any association now in

existence charging a less sum may continue to service all

certificates now in effect at existing rates specified in the

certificates; and certificates which lapse, and all new certificates

must be written at the uniform rate set up by this act. No burial

association licensed pursuant to the provisions of this act shall

have the authority to levy any assessment on its members other than

the assessment expressly provided for in the Uniform Article of

Agreement. All certificates of membership issued by said

associations shall have printed across the face of said certificate

the following language: "This is not a certificate of life

insurance."