Okla. Stat. tit. 60, § 60-674

A. A person, excluding another state, but including a

claimant’s representative, claiming an interest in any property paid

or delivered to the State Treasurer may file with the State

Treasurer a claim on a form prescribed by the State Treasurer and

verified by the claimant or the claimant’s representative. The date

of filing of a claim shall be the date it is received by the State

Treasurer with all supporting documentation from the claimant. Any

information submitted by a claimant which is required to be

submitted to the State Treasurer to establish a claim may be kept

confidential by the State Treasurer if it contains personal

financial information of the claimant, personal identifying

information such as the address, date of birth, telephone number or

email address of the claimant, Social Security numbers, birth

certificates or similar documents related to the parentage of an

individual, or any other document which is confidential by statute

if in the custody of another public agency or person. Failure to

use the claim form prescribed by the State Treasurer shall void the

claim. The claim form shall require information the State Treasurer

believes to be reasonably necessary to administer the requirements

of this section, including, but not limited to:

1. A legible copy of the claimant’s valid driver license;

2. If the claimant has not been issued a valid driver license

at the time the original claim form is filed, a legible copy of a

photographic identification card of the claimant issued by the

United States or a state or territory of the United States, a valid

passport or national identification card issued by a foreign nation,

or other evidence deemed acceptable by the State Treasurer; and

3. For claims submitted by a claimant’s representative, a duly

executed copy of the written agreement between the claimant and the

claimant’s representative, including a duly executed power of

attorney.

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B. The State Treasurer may waive the requirements in subsection

A of this section and may pay or deliver property directly to a

person if:

1. The person receiving the payment or property is shown to be

the apparent owner included on a report filed under this title; and

2. The State Treasurer reasonably believes the person is

entitled to receive the payment or property and has validated the

identity and address of the person receiving the payment or

property.

C. The State Treasurer shall consider each claim within ninety

(90) days after it is filed and give written notice to the claimant

and, if the person is utilizing the service of a claimant’s

representative, to the claimant’s representative if the claim is

denied in whole or in part. The notice may be given by email

notification or by mailing it to the claimant’s representative, if

any, and to the claimant’s last-known address, if any, as stated in

the claim as the address to which notices are to be sent. If no

address for notices is stated in the claim, the notice may be mailed

to the last-known address, if any, of the claimant as stated in the

claim. No notice of denial need be given if the claim fails to

state either the last-known address to which notices are to be sent

or the address of the claimant.

D. If a claim submitted by the claimant is approved, the State

Treasurer shall pay over or deliver to the claimant the property or

the amount the State Treasurer actually received or the net proceeds

if it has been sold by the State Treasurer, together with any

additional amount required by Section 665 of this title, but no

person shall have any claim under this section against the state,

the holder, any transfer agent, registrar or other person acting for

or on behalf of the state or a holder, for any appreciation or

depreciation in the value of the property or any earnings that might

otherwise accrue, after sale of the property by the State Treasurer.
tional amount required by Section 665 of this title, but no

person shall have any claim under this section against the state,

the holder, any transfer agent, registrar or other person acting for

or on behalf of the state or a holder, for any appreciation or

depreciation in the value of the property or any earnings that might

otherwise accrue, after sale of the property by the State Treasurer.

E. 1. If a claim submitted by a claimant’s representative is

approved, the State Treasurer shall pay or deliver to the claimant

the balance remaining after deduction and payment of the amount due

to the claimant’s representative by the State Treasurer; provided,

however, that any payments made directly to the claimant’s

representative shall be made only pursuant to the terms of the

written agreement between the claimant and the claimant’s

representative that was submitted with the claim.

2. The State Treasurer is authorized to make distribution of

the property or money in accordance with the terms of the agreement.

3. Payments of fees and costs to the claimant’s representative

shall be made by paper check or other means approved by the State

Treasurer on such periodic schedule as the State Treasurer may

define; provided, however, payment for approved claims shall be made

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to both the claimant and the claimant’s representative within sixty

(60) days of approval.

F. The contents of safe deposit boxes shall be released

directly to the claimant, claimant’s representative, or to a

commercial carrier as provided in the written agreement if

authorized in writing by the claimant. Any lien owed to the lessor

of the safe deposit box shall be satisfied before the contents of

the safe deposit box shall be released. At the claimant or

claimant's representative's option, any lien owed to the lessor of

the safe deposit box shall be deducted from the value of the

contents of the safe deposit box obtained at the next scheduled

auction with the remaining value to be distributed in accordance

with this section.

G. The State Treasurer shall maintain an electronic copy of all

records related to the property received by the State Treasurer.

Such records shall be retained pursuant to the State Treasurer’s

retention schedules as provided by Title 67 of the Oklahoma

Statutes.

H. The State Treasurer shall consider any claim filed under

this act and, in rendering a determination on the merits of any such

claim, shall rely on the applicable statutes, regulations, and

relevant court decisions and may hold a hearing and receive evidence

concerning the claim. If a hearing is held, the State Treasurer

shall prepare a finding and a decision in writing on each claim

filed, stating the substance of any evidence heard and the reasons

for the decision. The decision shall be a public record.

I. If the claim is approved, the State Treasurer shall make

payment pursuant to this section. The claim shall be paid without

deduction for costs of notice. If a claim is denied, the State

Treasurer may hold a hearing and receive evidence concerning any

unclaimed property claim filed under this act. If a hearing is

held, the State Treasurer, or his or her representative, shall

consider evidence that would be admissible in contested cases under

the Administrative Procedures Act. In any proceeding for

determination of a claim to property, the burden shall be upon the

claimant, or the claimant’s representative, including a claimant’s

representative, to establish entitlement to the property by a

preponderance of evidence.

J. If a hearing is held, the State Treasurer, or his or her

representative, shall prepare a finding and a decision in writing on

each claim filed, stating the substance of any evidence heard by him

or her and the reasons for his or her decision. The decision shall

be a public record and deemed the final agency decision.
to establish entitlement to the property by a

preponderance of evidence.

J. If a hearing is held, the State Treasurer, or his or her

representative, shall prepare a finding and a decision in writing on

each claim filed, stating the substance of any evidence heard by him

or her and the reasons for his or her decision. The decision shall

be a public record and deemed the final agency decision.

K. If the claim is approved, the State Treasurer shall make

payment pursuant to paragraph 2 of subsection E of this section.

Claims shall be paid without deduction for costs of notice.

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