for receivership. Whenever any officer of any organization refuses to submit the books, records, papers and instruments of an organization to the examination and inspection of the assistants or examiners of the Insurance Commissioner, or refuses or neglects to establish or maintain a cemetery merchandise trust fund in accordance with the requirements of the Cemetery Merchandise Trust Act within ninety (90) days after a written demand to establish or maintain a cemetery merchandise trust fund is made by the Commissioner, or in any manner obstructs or interferes with the examination of its cemetery merchandise trust fund, or refuses to be examined on oath concerning any of the affairs of its cemetery merchandise trust fund, the Commissioner may make application for receivership in the manner of a domestic insurer pursuant to Sections 1901 through 1920 of this title of the Oklahoma Statutes, in addition to the penalties and other enforcement provisions of the Cemetery Merchandise Trust Act. Added by Laws 1989, c. 297, § 29, eff. Nov. 1, 1989. Amended by Laws 1995, c. 82, § 14, eff. Nov. 1, 1995; Laws 2010, c. 58, § 22, eff. July 1, 2010. Renumbered from Title 8, § 313 by Laws 2010, c. 58, § 50, eff. July 1, 2010. Amended by Laws 2025, c. 55, § 15, eff. Nov. 1, 2025.
‹ Prev All Oklahoma sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.