Debts must be paid. At least fifty percent (50%) of the gross proceeds of sales of blocks, lots, plots, or graves must be applied as often as every six (6) months to the payment of the debts and obligations of such corporation as long as such debts and obligations exist.
Okla. Stat. tit. 8, § 10
Payment of debts and obligations
Known as the The Burial Association Act
The act spans §§ 8–8 (124 sections).
R.L. 1910, § 388
Official source: Oklahoma Legislature. Reproduced from public-domain Oklahoma statutes; confirm against the official source for the current text. Not legal advice.