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.
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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