Okla. Stat. tit. 8, § 8-230.1
This is the official text of Okla. Stat. tit. 8, § 8-230.1, part of Oklahoma’s Stat. tit. 8, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 8,." Browse the sections below, each linked to its official government source.
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Dissolution of burial association
Official statutory text
A. At a meeting of the burial association held in accordance
with the bylaws of such association, the burial association may vote
to dissolve the association.
B. Upon the affirmative order of the burial association, the
burial association shall be deemed dissolved. The board of
directors of the burial association shall file notice of such
dissolution with the Secretary of State.
C. All debts, liabilities and obligations of the association
shall be paid and discharged upon the dissolution of the burial
association. The association shall issue a certificate of guarantee
for the full amount of the policy to each beneficiary. The
certificate of guarantee may be redeemed for goods and services only
at the time the death of the beneficiary occurs and shall not be
redeemed for cash.
D. Upon filing with the Secretary of State of notice of
dissolution, the association shall cease to carry on its business
except insofar as may be necessary for the winding up thereof.
E. Each member of the burial association shall be notified of
the dissolution of the association.
F. The Oklahoma State Board of Embalmers and Funeral Directors
shall be provided notice within ten (10) days of the dissolution of
any association. A list of all members who have been provided
certificates of guarantee shall be provided to the Oklahoma State
Board of Embalmers and Funeral Directors and will be maintained in
the records of the Oklahoma State Board of Embalmers and Funeral
Directors.
G. Upon request of notice of dissolution and compliance with
the provisions of this section, the Secretary of State shall issue a
certificate of dissolution for the association.
with the bylaws of such association, the burial association may vote
to dissolve the association.
B. Upon the affirmative order of the burial association, the
burial association shall be deemed dissolved. The board of
directors of the burial association shall file notice of such
dissolution with the Secretary of State.
C. All debts, liabilities and obligations of the association
shall be paid and discharged upon the dissolution of the burial
association. The association shall issue a certificate of guarantee
for the full amount of the policy to each beneficiary. The
certificate of guarantee may be redeemed for goods and services only
at the time the death of the beneficiary occurs and shall not be
redeemed for cash.
D. Upon filing with the Secretary of State of notice of
dissolution, the association shall cease to carry on its business
except insofar as may be necessary for the winding up thereof.
E. Each member of the burial association shall be notified of
the dissolution of the association.
F. The Oklahoma State Board of Embalmers and Funeral Directors
shall be provided notice within ten (10) days of the dissolution of
any association. A list of all members who have been provided
certificates of guarantee shall be provided to the Oklahoma State
Board of Embalmers and Funeral Directors and will be maintained in
the records of the Oklahoma State Board of Embalmers and Funeral
Directors.
G. Upon request of notice of dissolution and compliance with
the provisions of this section, the Secretary of State shall issue a
certificate of dissolution for the association.
Status: in_force · Read it on the official government site
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