Oklahoma HB1498 amends laws on prepaid funeral services, permit requirements, and penalties for violations.
Oklahoma HB1498 amends the Oklahoma Statutes to update regulations on prepaid funeral services. It modifies permit requirements for organizations offering prepaid funeral services, including electronic application filing and annual reporting to the Insurance Commissioner. The bill also updates the definition of "organization" to include "funeral establishment." It mandates that organizations must obtain approval from the Insurance Commissioner before changing their name and requires notification of changes in business information.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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