Okla. Stat. tit. 8, § 8-230.1: Dissolution of burial association

A. At a meeting of the burial association held in accordance

with the bylaws of such association, the burial association may vote

to dissolve the association.

B. Upon the affirmative order of the burial association, the

burial association shall be deemed dissolved. The board of

directors of the burial association shall file notice of such

dissolution with the Secretary of State.

C. All debts, liabilities and obligations of the association

shall be paid and discharged upon the dissolution of the burial

association. The association shall issue a certificate of guarantee

for the full amount of the policy to each beneficiary. The

certificate of guarantee may be redeemed for goods and services only

at the time the death of the beneficiary occurs and shall not be

redeemed for cash.

D. Upon filing with the Secretary of State of notice of

dissolution, the association shall cease to carry on its business

except insofar as may be necessary for the winding up thereof.

E. Each member of the burial association shall be notified of

the dissolution of the association.

F. The Oklahoma State Board of Embalmers and Funeral Directors

shall be provided notice within ten (10) days of the dissolution of

any association. A list of all members who have been provided

certificates of guarantee shall be provided to the Oklahoma State

Board of Embalmers and Funeral Directors and will be maintained in

the records of the Oklahoma State Board of Embalmers and Funeral

Directors.

G. Upon request of notice of dissolution and compliance with

the provisions of this section, the Secretary of State shall issue a

certificate of dissolution for the association.