Okla. Admin. Code § 365:25-9-4

Current through Vol. 41, No. 19, June 17, 2024

Section 365:25-9-4 - Deposit reports and conversion reports

(a)Deposit Reports. In addition to any other requirements of this subchapter, the seller shall upon written request provide a report reflecting the funds deposited and all related details to the Insurance Commissioner, trust account depository and to any buyer requesting same, so far as the requested information relates to the individual buyer's contract.

(b)Conversions. A permit holder subject to this section shall maintain a file copy of the original trust-funded prepaid funeral contracts that have been converted to insurance funded and the payment history records for each converted contract prior to conversion.

Amended at 17 Ok Reg 1701, eff 7-14-00