Okla. Stat. tit. 60, § 60-661
This is the official text of Okla. Stat. tit. 60, § 60-661, 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.
Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.
Report of abandoned property
Official statutory text
A. A person holding property, tangible or intangible, presumed
abandoned and subject to custody as unclaimed property under the
Uniform Unclaimed Property Act shall report to the State Treasurer
concerning the property as provided in this section.
B. The report shall be verified and shall include:
1. The name, if known, and last-known address, if any, of each
person appearing from the records of the holder to be the owner of
property of the value of Fifty Dollars ($50.00) or more presumed
abandoned under the Uniform Unclaimed Property Act and items of
value under Fifty Dollars ($50.00), reported in the aggregate,
except property which is one of a recurring number of continuous
payments including but not limited to royalties, annuities,
dividends, distributions, and other sums presumed abandoned pursuant
to subsection C of Section 655 of this title, which shall be
reported in the same manner as property with a value of Fifty
Dollars ($50.00) or more;
2. In the case of unclaimed funds of Fifty Dollars ($50.00) or
more held or owing under any life or endowment insurance policy or
annuity contract, the full name and last-known address of the
insured or annuitant and of the beneficiary according to the records
of the insurance company holding or owing the funds;
3. In the case of the contents of a safe deposit box or other
safekeeping repository or of other tangible personal property, a
description of the property and the place where it is held, which
may be inspected by the State Treasurer, and any amounts, including
offsets for drilling costs and rent, owing to the holder;
4. The description of the property, including type and
identifying number if any, and the amount appearing from the records
to be due;
5. The date when the property became payable, demandable or
returnable, and the date of the last transaction with the owner with
respect to the property;
6. In the case of a cashier’s check, if known, the names and
last-known addresses of all payees, all payors and all purchasers;
and
7. Any other information reasonably required by the State
Treasurer.
C. If the person holding property presumed abandoned and
subject to custody as unclaimed property is a successor to other
persons who previously held the property for the apparent owner or
if the name of the holder has changed while holding the property,
Oklahoma Statutes - Title 60. Property Page 214
the holder shall file with the report all known names and addresses
of each previous holder of the property.
D. The report shall be filed before November 1 of each year for
property reportable as of the preceding July 1, but the report of
any life insurance company shall be filed before May 1 of each year
for property reportable as of the preceding March 1. The State
Treasurer may postpone the reporting date upon written request by
any person required to file a report.
E. Not more than one hundred twenty (120) days before filing
the report required by this section, the holder in possession of
property presumed abandoned and subject to custody as unclaimed
property under the Uniform Unclaimed Property Act shall send written
notice to the apparent owner at the owner’s last-known address
informing the owner that the holder is in possession of property
subject to the Uniform Unclaimed Property Act if:
1. The holder has in the records of the holder an address for
the apparent owner which the holder’s records do not disclose to be
inaccurate;
2. The claim of the apparent owner is not barred by the statute
of limitations; and
3. The property has a value of Fifty Dollars ($50.00) or more,
or the property has a value of less than Fifty Dollars ($50.00) and
is one of a recurring number of continuous payments including but
not limited to royalties, annuities, dividends, distributions and
other recurring sums presumed abandoned pursuant to subsection C of
Section 655 of this title. Notice shall include written notice and,
The property has a value of Fifty Dollars ($50.00) or more,
or the property has a value of less than Fifty Dollars ($50.00) and
is one of a recurring number of continuous payments including but
not limited to royalties, annuities, dividends, distributions and
other recurring sums presumed abandoned pursuant to subsection C of
Section 655 of this title. Notice shall include written notice and,
if consented to by the apparent owner, electronic mail and other
forms of electronic correspondence. The mailing of notice by first-
class mail to the last-known address of the owner by the holder
shall constitute compliance with this subsection and, if done, no
further act on the part of the holder shall be necessary.
F. Reports filed by a holder shall remain confidential except
for information required to be subject to public inspection pursuant
to the Uniform Unclaimed Property Act.
G. The State Treasurer may require a holder reporting fifteen
or more items of property pursuant to this section to file the
report online. The State Treasurer shall promulgate rules necessary
to carry out provisions for online filing.
abandoned and subject to custody as unclaimed property under the
Uniform Unclaimed Property Act shall report to the State Treasurer
concerning the property as provided in this section.
B. The report shall be verified and shall include:
1. The name, if known, and last-known address, if any, of each
person appearing from the records of the holder to be the owner of
property of the value of Fifty Dollars ($50.00) or more presumed
abandoned under the Uniform Unclaimed Property Act and items of
value under Fifty Dollars ($50.00), reported in the aggregate,
except property which is one of a recurring number of continuous
payments including but not limited to royalties, annuities,
dividends, distributions, and other sums presumed abandoned pursuant
to subsection C of Section 655 of this title, which shall be
reported in the same manner as property with a value of Fifty
Dollars ($50.00) or more;
2. In the case of unclaimed funds of Fifty Dollars ($50.00) or
more held or owing under any life or endowment insurance policy or
annuity contract, the full name and last-known address of the
insured or annuitant and of the beneficiary according to the records
of the insurance company holding or owing the funds;
3. In the case of the contents of a safe deposit box or other
safekeeping repository or of other tangible personal property, a
description of the property and the place where it is held, which
may be inspected by the State Treasurer, and any amounts, including
offsets for drilling costs and rent, owing to the holder;
4. The description of the property, including type and
identifying number if any, and the amount appearing from the records
to be due;
5. The date when the property became payable, demandable or
returnable, and the date of the last transaction with the owner with
respect to the property;
6. In the case of a cashier’s check, if known, the names and
last-known addresses of all payees, all payors and all purchasers;
and
7. Any other information reasonably required by the State
Treasurer.
C. If the person holding property presumed abandoned and
subject to custody as unclaimed property is a successor to other
persons who previously held the property for the apparent owner or
if the name of the holder has changed while holding the property,
Oklahoma Statutes - Title 60. Property Page 214
the holder shall file with the report all known names and addresses
of each previous holder of the property.
D. The report shall be filed before November 1 of each year for
property reportable as of the preceding July 1, but the report of
any life insurance company shall be filed before May 1 of each year
for property reportable as of the preceding March 1. The State
Treasurer may postpone the reporting date upon written request by
any person required to file a report.
E. Not more than one hundred twenty (120) days before filing
the report required by this section, the holder in possession of
property presumed abandoned and subject to custody as unclaimed
property under the Uniform Unclaimed Property Act shall send written
notice to the apparent owner at the owner’s last-known address
informing the owner that the holder is in possession of property
subject to the Uniform Unclaimed Property Act if:
1. The holder has in the records of the holder an address for
the apparent owner which the holder’s records do not disclose to be
inaccurate;
2. The claim of the apparent owner is not barred by the statute
of limitations; and
3. The property has a value of Fifty Dollars ($50.00) or more,
or the property has a value of less than Fifty Dollars ($50.00) and
is one of a recurring number of continuous payments including but
not limited to royalties, annuities, dividends, distributions and
other recurring sums presumed abandoned pursuant to subsection C of
Section 655 of this title. Notice shall include written notice and,
The property has a value of Fifty Dollars ($50.00) or more,
or the property has a value of less than Fifty Dollars ($50.00) and
is one of a recurring number of continuous payments including but
not limited to royalties, annuities, dividends, distributions and
other recurring sums presumed abandoned pursuant to subsection C of
Section 655 of this title. Notice shall include written notice and,
if consented to by the apparent owner, electronic mail and other
forms of electronic correspondence. The mailing of notice by first-
class mail to the last-known address of the owner by the holder
shall constitute compliance with this subsection and, if done, no
further act on the part of the holder shall be necessary.
F. Reports filed by a holder shall remain confidential except
for information required to be subject to public inspection pursuant
to the Uniform Unclaimed Property Act.
G. The State Treasurer may require a holder reporting fifteen
or more items of property pursuant to this section to file the
report online. The State Treasurer shall promulgate rules necessary
to carry out provisions for online filing.
Status: in_force · Read it on the official government site
Need a lawyer in Oklahoma?
Find a Oklahoma lawyer
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.