{"data":{"id":"us-ok/okla.-stat.-tit.-8-8-17","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 8, § 8-17","heading":"Investment of surplus funds - Tax exemption - Preservation","body":"of properties and funds.\n\nAny surplus funds which said corporation may have in its\n\ntreasury shall be invested by the board of directors in some\n\nperfectly secure real estate or securities, all of which shall be\n\nexempt from taxation, as is the property of other public\n\ncorporations, and the board of directors shall exercise the best of\n\ncare in the preservation of said properties and funds and the\n\naccumulation thereof, to the end that provisions may be made for the\n\nperpetual maintenance of said cemetery and the improvement,\n\nembellishing, beautifying and taking care thereof, for which\n\npurposes all of the funds of said corporation, after the payment of\n\nits debts, shall at all times be subject, to be applied.","path":["OK Code","Title 8"],"source_url":"https://www.oklegislature.gov/OK_Statutes/CompleteTitles/os8.pdf","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:36Z","sha256":"cd50cdbf87a5f04320ef4abf02b50b18f5edcc34c50ab1b7e88bb6f41155d4a8","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-8-8-16","next":"us-ok/okla.-stat.-tit.-8-8-18"},"notice":"GroundRules: Original legal text. Not legal advice."}