Okla. Stat. tit. 60, § 60-677

This is the official text of Okla. Stat. tit. 60, § 60-677, 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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Declining receipt of property - Delivery of property

Official statutory text

before presumed abandoned - Sale of securities.

A. The State Treasurer may decline to receive any property

reported under the Uniform Unclaimed Property Act which the State

Treasurer considers to have a value less than the expense of giving

notice and of sale. The State Treasurer may promulgate rules

pursuant to this subsection.

B. A holder, with the written consent of the State Treasurer

and upon conditions and terms prescribed by the State Treasurer, may

report and deliver property before the property is presumed

abandoned. If a property holder reports and delivers property to

the State Treasurer before it is presumed abandoned under the

Uniform Unclaimed Property Act and it is in the best interest of the

property owner for the property to be treated as abandoned, the

Treasurer shall treat the property as abandoned.

C. The State Treasurer may decline to accept weapons abandoned

in safe deposit boxes which become property subject to the Uniform

Unclaimed Property Act. Such property shall be deposited with a

local sheriff or municipal police department.

D. If a claimant under the Uniform Unclaimed Property Act makes

a verifiable and proper claim, but fails to properly transfer

securities into the claimant's name within ninety (90) days of claim

approval by the State Treasurer, the State Treasurer may, upon

notice to claimant, sell and convert such securities to cash for the

benefit of the claimant.

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.