Okla. Stat. tit. 14A, § 14A-4-108: Refund or credit required - Amount

(1) Upon prepayment in full of a consumer credit sale or

consumer loan by the proceeds of consumer credit insurance, the

debtor or his estate is entitled to a refund of any portion of a

separate charge for insurance which by reason of prepayment is

retained by the creditor or returned to him by the insurer unless

the charge was computed from time to time on the basis of the

balances of the debtor's account. Payment by the insurer of the

coverage in force at the time the death claim arises includes

premiums charged for the coverage.

(2) This article does not require a creditor to grant a refund

or credit to the debtor if all refunds and credits due to the debtor

under this article amount to less than One Dollar ($1.00), and

except as provided in subsection (1) does not require the creditor

to account to the debtor for any portion of a separate charge for

insurance because

(a) the insurance is terminated by performance of the

insurer's obligation;

(b) the creditor pays or accounts for premiums to the

insurer in amounts and at times determined by the

agreement between them;

(c) the creditor receives directly or indirectly under any

policy of insurance a gain or advantage not prohibited

by law; or

(d) the debtor has voluntarily signed an authorization to

continue his coverage in force.

(3) Except as provided in subsection (2), the creditor shall

promptly make or cause to be made an appropriate refund or credit to

the debtor with respect to any separate charge made to him for

insurance if

(a) the insurance is not provided or is provided for a

shorter term than that for which the charge to the

debtor for insurance was computed; or

(b) the insurance terminates prior to the end of the term

for which it was written because of prepayment in full

or otherwise.

(4) A refund or credit required by subsection (3) is

appropriate as to amount if it is computed according to a method

prescribed or approved by the Insurance Department or a formula

filed by the insurer with the Insurance Department at least thirty

(30) days before the debtor's right to a refund or credit becomes

determinable, unless the method or formula is employed after the

Insurance Department notifies the insurer that it is disapproved.