Okla. Stat. tit. 60, § 60-675
This is the official text of Okla. Stat. tit. 60, § 60-675, 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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Determination of claims - Payment
Official statutory text
A. The State Treasurer shall consider any claim filed under the
Uniform Unclaimed Property Act and may hold a hearing and receive
evidence concerning it. The procedure to be followed hereunder
shall be as prescribed by the Administrative Procedures Act. If a
hearing is held, the State Treasurer shall prepare a finding and
decision in writing on each claim filed, stating the substance of
any evidence heard by the State Treasurer and the reasons for the
State Treasurer’s decision. The decision shall be a public record.
B. Upon approval by the State Treasurer, the claim shall be
paid forthwith from the Unclaimed Property Fund. The claim shall be
paid without deduction for costs of notices or sale or for service
charges.
C. The State Treasurer shall not pay monies to rightful owners,
or their heirs, devisees, and assigns, exceeding the reimbursement
amount the Treasurer shall receive from the Mineral Owner’s Fund
attributable to such payments to rightful owners, or their heirs,
devisees, and assigns.
D. Claims against the Mineral Owner’s Fund shall be subject to
the same statutory requirements and administrative rules as
applicable to claims under the Uniform Unclaimed Property Act.
Uniform Unclaimed Property Act and may hold a hearing and receive
evidence concerning it. The procedure to be followed hereunder
shall be as prescribed by the Administrative Procedures Act. If a
hearing is held, the State Treasurer shall prepare a finding and
decision in writing on each claim filed, stating the substance of
any evidence heard by the State Treasurer and the reasons for the
State Treasurer’s decision. The decision shall be a public record.
B. Upon approval by the State Treasurer, the claim shall be
paid forthwith from the Unclaimed Property Fund. The claim shall be
paid without deduction for costs of notices or sale or for service
charges.
C. The State Treasurer shall not pay monies to rightful owners,
or their heirs, devisees, and assigns, exceeding the reimbursement
amount the Treasurer shall receive from the Mineral Owner’s Fund
attributable to such payments to rightful owners, or their heirs,
devisees, and assigns.
D. Claims against the Mineral Owner’s Fund shall be subject to
the same statutory requirements and administrative rules as
applicable to claims under the Uniform Unclaimed Property Act.
Status: in_force · Read it on the official government site
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