Okla. Stat. tit. 36, § 36-2421: Reorganization and conversion complete when; rights of

reorganized corporations.

When such mutual benefit association shall have complied with

the provisions of this article and shall have received from the

Insurance Commissioner a certificate of authority to transact

business in this state as a legal reserve life insurance company,

its reorganization and conversion into such legal reserve company

shall be complete. Such reorganized and converted corporation shall

succeed to and become invested with all and singular the rights,

privileges, franchises, and all property, real, personal or mixed,

all debts due on any account and all other things in action

theretofore belonging to such mutual benefit association, and all

property, rights, privileges, franchises and all and every other

interest including title to any real estate by deed or otherwise

vested in such former mutual benefit association shall vest in such

reorganized and converted corporation.