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Can you summarize OKAC 735:80?
State Treasurer > Unclaimed Property
Short Summary
The first legal document governs the disposition of unclaimed property other than cash in Oklahoma, allowing the State Treasurer to dispose of unclaimed property without commercial value and outlining the rights of the original owner or their heirs. The second legal document governs the process of resolving conflicting claims and the payment of claims paid in error. The third legal document outlines the verification and approval process for claims of unclaimed property. The fourth legal document governs the payment of claims for unclaimed property. The provided legal document content pertains to the examination and reporting requirements for various entities under the Unclaimed Property Act in Oklahoma. The provided legal document content pertains to the office audits and assessment of interest and penalties for unclaimed property reported to the Oklahoma State Treasurer’s Office. This legal document pertains to the Amnesty Program for Holders under the Unclaimed Property Act in Oklahoma, providing waivers of interest and penalties for reported amounts. The provided legal document content pertains to administrative proceedings related to protests in the context of unclaimed property under the State Treasurer. This legal document governs the confidentiality of reports, records, and files in the administration of the Uniform Unclaimed Property Act. The provided legal document content pertains to the reporting requirements for unclaimed property held by various entities in Oklahoma. This legal document governs the charges and deductions that may be withheld from unclaimed intangible property.
Whom does it apply to?
The first legal document applies to the Oklahoma State Treasurer (OST), original owners of unclaimed property, heirs, devisees, assigns, holders of safe deposit boxes, and holders of valid liens or contracts. The second legal document applies to the Oklahoma State Treasurer (OST), claimants, and holders. The third legal document applies to claimants who have an interest in the property held by the Unclaimed Property Division. The fourth legal document applies to vouchers for payment authorized and made in the name of the established owner, court-appointed estate administrators, guardians, or in accordance with a court decree of distribution. The provided legal document content pertains to utility companies, public officers and agencies, insurance corporations, energy-related companies, courts, and banking or financial institutions. The provided legal document content pertains to holders of unclaimed property who are subject to the Uniform Unclaimed Property Act. The provided legal document content pertains to holders of unclaimed property who are qualified to take advantage of the Amnesty Program. The provided legal document content pertains to holders of unclaimed property who are subject to administrative proceedings related to protests. The provided legal document content pertains to the State Treasurer, holders, claimants, employees of the Treasurer, State Auditor and Inspector, and the office of the Attorney General. The provided legal document content pertains to utility companies, cooperative pools, mineral interest holders, county treasurers, business associations, and financial institutions.
What does it govern?
The first legal document governs the disposition of unclaimed property other than cash in Oklahoma. The second legal document governs the process of claims paid in error in the context of unclaimed property in Oklahoma. The third legal document governs the claims process for unclaimed property or the proceeds from the sale of unclaimed property. The fourth legal document governs the payment of claims for unclaimed property. The provided legal document content pertains to the examination and reporting requirements for various entities under the Unclaimed Property Act in Oklahoma. The provided legal document content pertains to the office audits and assessment of interest and penalties for unclaimed property reported to the Oklahoma State Treasurer's Office. This legal document pertains to the Amnesty Program for Holders under the Unclaimed Property Act in Oklahoma. The provided legal document content pertains to administrative proceedings related to protests in the context of unclaimed property under the State Treasurer. This legal document governs the confidentiality of reports, records, and files in the administration of the Uniform Unclaimed Property Act. The provided legal document content pertains to the reporting requirements for unclaimed property held by various entities in Oklahoma. This legal document governs the charges and deductions that may be withheld from unclaimed intangible property.
What are exemptions?
No specific exemptions are mentioned in these documents.
What are the Penalties?
No specific penalties are mentioned in these documents.
Jurisdiction
Oklahoma