Okla. Stat. tit. 68, § 68-500.30: Deferred payment by vendors without eligible purchaser

A. The final report required by Section 40 of this act shall be

accompanied by payment of the liability of the final month except as

otherwise provided in this section.

B. Any motor fuel vendor who possessed a license to sell motor

fuel at wholesale or at retail prior to the effective date of this

act who is ineligible to elect eligible purchaser status, or who

otherwise does not apply for or does not receive eligible purchaser

status under Section 23 of this act, may in the alternative elect to

make payment of the tax calculated pursuant to the final report

provided in Section 40 of this act if the tax is paid in two equal

installments beginning twelve (12) months after the effective date

of this act and subject to regulations promulgated by the

Commission.

C. If a person elects under subsection B of this section to

defer payment, the person shall not be eligible to claim eligible

purchaser status under Section 23 of this act for a period of

thirty-six (36) months following the election under subsection B of

this section.