Okla. Stat. tit. 18, § 18-441-1210: Court proceeding

COURT PROCEEDING.

(a) Upon application by a dissolved limited cooperative

association that has published a notice under Section 110 of this

act, the district court in the county where the association’s

principal office is located or, if the association does not have a

principal office in this state, where its designated office in this

state is located, may determine the amount and form of security to

be provided for payment of claims against the association that are

contingent, have not been made known to the association, or are

based on an event occurring after the effective date of dissolution

but that, based on the facts known to the association, are

reasonably anticipated to arise after the effective date of

dissolution.

(b) Not later than ten (10) days after filing an application

under subsection (a) of this section, a dissolved limited

cooperative association shall give notice of the proceeding to each

known claimant holding a contingent claim.

(c) The court may appoint a representative in a proceeding

brought under this section to represent all claimants whose

identities are unknown. The dissolved limited cooperative

association shall pay reasonable fees and expenses of the

representative, including all reasonable attorney and expert witness

fees.

(d) Provision by the dissolved limited cooperative association

for security in the amount and the form ordered by the court

satisfies the association’s obligations with respect to claims that

are contingent, have not been made known to the association, or are

based on an event occurring after the effective date of dissolution,

and the claims may not be enforced against a member that received a

distribution.