Okla. Stat. tit. 60, § 60-659
This is the official text of Okla. Stat. tit. 60, § 60-659, 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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Additional conditions leading to presumption of
Official statutory text
abandonment.
Unless otherwise provided in the Uniform Unclaimed Property Act
or by other statute of this state, intangible personal property is
Oklahoma Statutes - Title 60. Property Page 212
subject to the custody of this state as unclaimed property if the
conditions raising a presumption of abandonment under Sections 651.1
and 651.2 through 658.1A of this title are satisfied, and:
1. The last-known address, as shown on the records of the
holder, of the apparent owner is in this state;
2. The records of the holder do not reflect the identity of the
person entitled to the property and it is established that the last-
known address of the person entitled to the property is in this
state;
3. The records of the holder do not reflect the last-known
address of the apparent owner, and it is established that:
a. the last-known address of the person entitled to the
property is in this state, or
b. the holder is a domiciliary or a government or
governmental subdivision or agency of this state and
has not previously paid or delivered the property to
the state of the last-known address of the apparent
owner or other person entitled to the property;
4. The last-known address, as shown on the records of the
holder, of the apparent owner is in a state that does not provide by
law for the escheat or custodial taking of the property or its
escheat or unclaimed property law is not applicable to the property,
and the holder is a domiciliary, government, or governmental
subdivision or agency, including a municipality, of this state;
5. The last-known address, as shown on the records of the
holder, of the apparent owner is in a foreign nation and the holder
is a domiciliary or a government or governmental subdivision or
agency of this state; or
6. The transaction out of which the property arose occurred in
this state, and
a. (1) the last-known address of the apparent owner or
other person entitled to the property is unknown,
or
(2) the last-known address of the apparent owner or
other person entitled to the property is in a
state that does not provide by law for the
escheat or custodial taking of the property or
its escheat or unclaimed property law is not
applicable to the property, and
b. the holder is a domiciliary of a state that does not
provide by law for the escheat or custodial taking of
the property or its escheat or unclaimed property law
is not applicable to the property.
Unless otherwise provided in the Uniform Unclaimed Property Act
or by other statute of this state, intangible personal property is
Oklahoma Statutes - Title 60. Property Page 212
subject to the custody of this state as unclaimed property if the
conditions raising a presumption of abandonment under Sections 651.1
and 651.2 through 658.1A of this title are satisfied, and:
1. The last-known address, as shown on the records of the
holder, of the apparent owner is in this state;
2. The records of the holder do not reflect the identity of the
person entitled to the property and it is established that the last-
known address of the person entitled to the property is in this
state;
3. The records of the holder do not reflect the last-known
address of the apparent owner, and it is established that:
a. the last-known address of the person entitled to the
property is in this state, or
b. the holder is a domiciliary or a government or
governmental subdivision or agency of this state and
has not previously paid or delivered the property to
the state of the last-known address of the apparent
owner or other person entitled to the property;
4. The last-known address, as shown on the records of the
holder, of the apparent owner is in a state that does not provide by
law for the escheat or custodial taking of the property or its
escheat or unclaimed property law is not applicable to the property,
and the holder is a domiciliary, government, or governmental
subdivision or agency, including a municipality, of this state;
5. The last-known address, as shown on the records of the
holder, of the apparent owner is in a foreign nation and the holder
is a domiciliary or a government or governmental subdivision or
agency of this state; or
6. The transaction out of which the property arose occurred in
this state, and
a. (1) the last-known address of the apparent owner or
other person entitled to the property is unknown,
or
(2) the last-known address of the apparent owner or
other person entitled to the property is in a
state that does not provide by law for the
escheat or custodial taking of the property or
its escheat or unclaimed property law is not
applicable to the property, and
b. the holder is a domiciliary of a state that does not
provide by law for the escheat or custodial taking of
the property or its escheat or unclaimed property law
is not applicable to the property.
Status: in_force · Read it on the official government site
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