Okla. Stat. tit. 36, § 36-2123: Dividends to mutual policyholders

A. The directors of a domestic mutual insurer may from time to

time apportion and pay or credit to its members dividends only out

of that part of its surplus which is in excess of its required

minimum surplus.

B. A dividend otherwise proper may be payable out of such

savings and earnings even though the insurer's total surplus is then

less than the aggregate of its contributed surplus.