Okla. Stat. tit. 8, § 8-17: Investment of surplus funds - Tax exemption - Preservation

of properties and funds.

Any surplus funds which said corporation may have in its

treasury shall be invested by the board of directors in some

perfectly secure real estate or securities, all of which shall be

exempt from taxation, as is the property of other public

corporations, and the board of directors shall exercise the best of

care in the preservation of said properties and funds and the

accumulation thereof, to the end that provisions may be made for the

perpetual maintenance of said cemetery and the improvement,

embellishing, beautifying and taking care thereof, for which

purposes all of the funds of said corporation, after the payment of

its debts, shall at all times be subject, to be applied.