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Oklahoma · Snapshot open-us-law v2026.08, retrieved 2026-09-14

Okla. Stat. tit. 36, § 36-6125.1: Maximum amount of principal an organization may receive

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  1. OK Code
  2. Title 36

pursuant to insurance contract.

A. The maximum amount of principal which an organization may

legally receive from any one individual pursuant to a contract

establishing a fund for prepaid funeral benefits pursuant to

paragraph 2 of subsection B of Section 6125 of this title shall be

Twenty Thousand Dollars ($20,000.00).

B. The maximum allowable amount of principal for subsequent

years shall be increased annually by a percentage equal to the

previous year’s increase in the national Consumer Price Index (CPI).

The Insurance Commissioner shall determine the amount of the

increase, if any, on April 1 of each year.

Collected 2026-09-14T18:32:36Z. Source file · JSON

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