Okla. Stat. tit. 36, § 36-4208: Dividends

If a participating policy, there shall be a provision that the

insurer shall annually ascertain and apportion any divisible surplus

accruing on the policy, except that at the option of the insurer

such participation may be deferred to the end of the fifth policy

year. This provision shall not prohibit the payment of additional

dividends on default of payment of premiums or termination of the

policy.