If you are engaged in the sale of prepaid cemetery merchandise in Oklahoma you are required under section 7127 of the Oklahoma Statutes of the State of Ohio Revised Code to file an Oklahoma Prepaid Funeral Expense Bond as a condition of licensure.
A surety bond protects the party requesting the bond, the Obligee, against any financial losses as a result of poor financial decisions, damages, unethical decisions, or a failure to follow state and local laws on the part of you, the Principal. The Oklahoma Prepaid Funeral Expense Bond holds you accountable for your business decisions.
By possessing an Oklahoma Prepaid Funeral Expense Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.