Okla. Stat. tit. 36, § 36-6136.18: Conversion from trust-funded to insurance-funded

benefits.

A. Member organizations may convert trust-funded prepaid

funeral benefits to insurance-funded prepaid funeral benefits. The

conversion shall be subject to the provisions of Section 6125.2 of

this title.

B. The Insurance Commissioner shall approve a conversion from

trust-funded prepaid funeral benefits to insurance-funded prepaid

funeral benefits as safeguarding the rights and interests of the

individual who purchases the prepaid funeral benefits contract.

C. The Commissioner shall prescribe rules detailing the steps

necessary to complete the conversion of prepaid funeral benefit

contracts funded by a trust to prepaid funeral benefits contracts

funded by insurance.