Oklahoma Code § 8-17

Title 8. Cemeteries: Investment of surplus funds - Tax exemption - Preservation
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of properties and funds.
Any surplus funds which said corporation may have in its
treasury shall be invested by the board of directors in some
perfectly secure real estate or securities, all of which shall be
exempt from taxation, as is the property of other public
corporations, and the board of directors shall exercise the best of
care in the preservation of said properties and funds and the
accumulation thereof, to the end that provisions may be made for the
perpetual maintenance of said cemetery and the improvement,
embellishing, beautifying and taking care thereof, for which
purposes all of the funds of said corporation, after the payment of
its debts, shall at all times be subject, to be applied.

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