Okla. Stat. tit. 60, § 60-683.1
This is the official text of Okla. Stat. tit. 60, § 60-683.1, 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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Exchange of information with other states - Reports –
Official statutory text
Continuation of agreements - Joint enforcement of act.
A. The State Treasurer may enter into agreements with other
states to exchange information needed to enable this or another
state to audit or otherwise determine unclaimed personal property
that it or another state may be entitled to subject to a claim of
custody. The State Treasurer by rule may require the reporting of
information needed to enable compliance with agreements made under
this section and prescribe the form. Any agreements entered into by
the Oklahoma Tax Commission which are in effect on the date the
responsibilities of the Uniform Unclaimed Property Act are
transferred to the State Treasurer shall be effective agreements of
the State Treasurer until such time as the State Treasurer chooses
to amend, repeal or modify them. All powers and duties of the
Oklahoma Tax Commission or references to the Oklahoma Tax Commission
Oklahoma Statutes - Title 60. Property Page 234
within such rules shall be deemed to be powers and duties of the
State Treasurer or references to the State Treasurer.
B. To avoid conflicts between the procedures in effect in this
state and the procedures in other jurisdictions that enact the
Uniform Unclaimed Property Act, the State Treasurer, so far as it is
consistent with the purposes, policies, and provisions of the
Uniform Unclaimed Property Act, before promulgating, amending, or
repealing rules, shall advise and consult with administrators in
other jurisdictions that enact substantially the Uniform Unclaimed
Property Act and take into consideration the rules of administrators
in other jurisdictions that enact the Uniform Unclaimed Property
Act.
C. The State Treasurer may join with other states to seek
enforcement of the Uniform Unclaimed Property Act against any person
who is or may be holding property reportable under the Uniform
Unclaimed Property Act.
D. At the request of another state, the Attorney General of
this state may bring an action in the name of the other state in any
court of competent jurisdiction to enforce the unclaimed property
laws of the other state against a holder in this state of property
subject to escheat or a claim of abandonment by the other state, if
the other state has agreed to pay expenses incurred by the Attorney
General in bringing the action.
E. The State Treasurer may request that the Attorney General of
another state or any other person bring an action to enforce the
Uniform Unclaimed Property Act in the other state. This state shall
pay all expenses including attorney fees in an action under this
subsection. The State Treasurer may agree to pay the person
bringing the action attorney fees based in whole or in part on a
percentage of the value of property recovered in the action. Any
expenses paid pursuant to this subsection may not be deducted from
the amount that is subject to a claim by the owner under the Uniform
Unclaimed Property Act.
A. The State Treasurer may enter into agreements with other
states to exchange information needed to enable this or another
state to audit or otherwise determine unclaimed personal property
that it or another state may be entitled to subject to a claim of
custody. The State Treasurer by rule may require the reporting of
information needed to enable compliance with agreements made under
this section and prescribe the form. Any agreements entered into by
the Oklahoma Tax Commission which are in effect on the date the
responsibilities of the Uniform Unclaimed Property Act are
transferred to the State Treasurer shall be effective agreements of
the State Treasurer until such time as the State Treasurer chooses
to amend, repeal or modify them. All powers and duties of the
Oklahoma Tax Commission or references to the Oklahoma Tax Commission
Oklahoma Statutes - Title 60. Property Page 234
within such rules shall be deemed to be powers and duties of the
State Treasurer or references to the State Treasurer.
B. To avoid conflicts between the procedures in effect in this
state and the procedures in other jurisdictions that enact the
Uniform Unclaimed Property Act, the State Treasurer, so far as it is
consistent with the purposes, policies, and provisions of the
Uniform Unclaimed Property Act, before promulgating, amending, or
repealing rules, shall advise and consult with administrators in
other jurisdictions that enact substantially the Uniform Unclaimed
Property Act and take into consideration the rules of administrators
in other jurisdictions that enact the Uniform Unclaimed Property
Act.
C. The State Treasurer may join with other states to seek
enforcement of the Uniform Unclaimed Property Act against any person
who is or may be holding property reportable under the Uniform
Unclaimed Property Act.
D. At the request of another state, the Attorney General of
this state may bring an action in the name of the other state in any
court of competent jurisdiction to enforce the unclaimed property
laws of the other state against a holder in this state of property
subject to escheat or a claim of abandonment by the other state, if
the other state has agreed to pay expenses incurred by the Attorney
General in bringing the action.
E. The State Treasurer may request that the Attorney General of
another state or any other person bring an action to enforce the
Uniform Unclaimed Property Act in the other state. This state shall
pay all expenses including attorney fees in an action under this
subsection. The State Treasurer may agree to pay the person
bringing the action attorney fees based in whole or in part on a
percentage of the value of property recovered in the action. Any
expenses paid pursuant to this subsection may not be deducted from
the amount that is subject to a claim by the owner under the Uniform
Unclaimed Property Act.
Status: in_force · Read it on the official government site
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