Okla. Stat. tit. 60, § 60-657.4

This is the official text of Okla. Stat. tit. 60, § 60-657.4, part of Oklahoma’s Stat. tit. 60, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 60,." Browse the sections below, each linked to its official government source.

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Intangible property - Presumption of abandonment

Official statutory text

A. All intangible property, including but not limited to

securities, principal, interest, dividends or other earnings

thereon, less any lawful charges, held by a business association,

federal, state or local government or governmental subdivision,

agency or entity, or any other person or entity, regardless of where

the holder may be found, if the owner has not claimed such property

or corresponded in writing with the holder concerning the property

within three (3) years after the date prescribed for payment or

delivery by the issuer, unless the holder is a state that has taken

custody pursuant to its own unclaimed property laws, in which case

no additional period of holding beyond that of such state is

necessary hereunder, is presumed abandoned and subject to the

custody of this state as unclaimed property if:

1. The last-known address of the owner is unknown; and

2. The person or entity originating or issuing the intangible

property is in this state or any political subdivision of this

state, or is incorporated, organized, created or otherwise located

in this state.

B. The provisions of subsection A of this section shall not

apply to property which is or may be presumed abandoned and subject

to the custody of this state pursuant to any other provision of law

containing a dormancy period different than that prescribed in

subsection A of this section.

C. The provisions of subsection A of this section shall apply

to all property held at the time of the effective date of this act,

or at any time thereafter, regardless of when such property became

or becomes presumptively abandoned.

Status: in_force · Read it on the official government site

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About this page: Statute text is reproduced from official government publishers via the Open US Law dataset (Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine (Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.