Oklahoma § 8-211 - Inspections and examinations - Costs

§ 8-211. Inspections and examinations - Costs

Whenever the Board deems it necessary or advisable, and at least

once in each year, it shall examine, through its authorized

representative each burial association and thoroughly inspect and

examine its financial condition, whether it has complied with the

provisions of the law and any other facts relative to its business

methods, management, and the equity of its dealings with its members

and claimants. The Board or its authorized representative may

subpoena and administer the oath to and examine witnesses, the

directors, officers, trustees, agents, representatives, and members

of any association and any other person, relative to its affairs,

transactions and conditions. The cost of any examination exceeding

four (4) hours in duration made pursuant to the provisions of this

section shall be the responsibility of the examined burial

assocation. Provided, however, no such cost paid by the examined

burial association shall exceed five percent (5%) of the total

income of said burial association or Two Hundred and Fifty Dollars

($250.00) whichever is greater.

Amended by Laws 1985, c. 142, § 1, emerg. eff. June 7, 1985.