Okla. Stat. tit. 63, § 63-1-1980: Use of fee proceeds for business expenses

The owner of any nursing home, assisted living center,

residential care home, continuum of care facility, independent

living facility, life care community, long-term care facility or any

other facility offering similar services which may or may not be

subject to the licensing requirements of the State Department of

Health shall be authorized to use the proceeds from any fees

required by and paid to the facility unless named and specifically

prohibited by the Long-Term Care Insurance Act for business

expenses, including the payment of principal, interest or costs of

borrowing related to debt incurred for purposes of capital asset

acquisition or the improvement or expansion of the facility.