Okla. Stat. tit. 60, § 60-688

Commission to State Treasurer – Transfer of administrative rules.

A. Effective July 1, 1999, all duties relating to

administration of the Uniform Unclaimed Property Act shall be

transferred from the Oklahoma Tax Commission to the State Treasurer.

Funds sufficient to administer the Uniform Unclaimed Property Act

shall be appropriated to the State Treasurer for fiscal year 2000.

All funds related to the Uniform Unclaimed Property Act shall be

transferred to the control of the State Treasurer on July 1, 1999.

Provided, fiscal year 2000 shall be a transitional year in which the

State Treasurer shall gradually assume complete administration and

management over the program and staff currently carrying out the

administration of the Uniform Unclaimed Property Act. The State

Treasurer and the Tax Commission shall enter into a contract whereby

funds shall be paid to the Tax Commission by the State Treasurer

throughout fiscal year 2000 in exchange for the Tax Commission’s

agreement to continue to operate the program. During this

transition year, the employees assigned to the Unclaimed Property

Division shall continue to be employees of the Tax Commission

without loss of classified status. Effective July 1, 2000, the

Unclaimed Property Division shall be administered by the Office of

the State Treasurer. Prior to July 1, 2000, the State Treasurer

shall identify initial staffing needs for the Unclaimed Property

Division. The State Treasurer shall give due consideration for

Oklahoma Statutes - Title 60. Property Page 237

employment to any employee of the Tax Commission who desires to

remain employed in the Unclaimed Property Division after July 1,

2000. The State Treasurer shall have complete discretion in

selecting staff to perform those duties effective July 1, 2000.

Employees of the Tax Commission who are selected and employed by the

State Treasurer to perform duties associated with the Uniform

Unclaimed Property Act, or other duties, shall not retain their

classified status. The Tax Commission shall make every effort to

retain any classified employee in the Unclaimed Property Division in

other comparable classified positions at the Tax Commission if the

employee is not offered employment with the State Treasurer.

B. Notwithstanding the provisions of subsection A of this

section, nothing shall preclude the State Treasurer from entering

into cooperative arrangements with other state agencies, including

the Tax Commission, to provide services relating to the

administration of the Uniform Unclaimed Property Act after July 1,

2000.

C. The Tax Commission shall not use any information or evidence

obtained in the course of examination of records of any person

pursuant to the Uniform Unclaimed Property Act for purposes of

investigation or enforcement of any state tax law.

D. Effective July 1, 1999, all administrative rules promulgated

by the Tax Commission pursuant to the Uniform Unclaimed Property Act

shall be transferred to and become a part of the administrative

rules of the State Treasurer. The Office of Administrative Rules in

the Secretary of State’s office shall provide adequate notice in the

Oklahoma Register of the transfer of rules, and shall place the

transferred rules under the Administrative Code section of the State

Treasurer. From and after July 1, 1999, any amendment, repeal or

addition to the transferred rules shall be under the jurisdiction of

the State Treasurer.