{"data":{"id":"us-ok/okla.-stat.-tit.-40-40-3-311","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 40, § 40-3-311","heading":"Forfeiture of terminated employer unemployment tax","body":"account overpayments.\n\nFORFEITURE OF TERMINATED EMPLOYER UNEMPLOYMENT TAX ACCOUNT\n\nOVERPAYMENTS.\n\nA. It is the fiduciary duty of the Oklahoma Employment Security\n\nCommission to return overpayments received in the employer's\n\nunemployment tax account. Upon the termination of the employer's\n\nunemployment tax account, the Commission will issue a refund of any\n\nremaining credit balance that is equal to or greater than One\n\nHundred Dollars ($100.00) by mailing it to the last address provided\n\nby the employer. If an employer's unemployment tax account has been\n\nterminated and has a credit balance that has been at that level for\n\na period of one hundred eighty (180) days or more without a refund\n\nbeing requested from the employer, the Commission will reduce the\n\nbalance of that unemployment tax account to zero (0) and consider\n\nthe credit to be forfeited after the Commission has exercised its\n\nfiduciary duty.\n\nB. Once the Commission has completed its fiduciary duty in\n\nfacilitating the return of the credit to the employer, based upon\n\nthe most current mailing address provided by the employer, the\n\nCommission can assume its fiduciary duty is completed. If the\n\nrefund of the overpayment is returned to the Commission, the\n\nemployer shall consider the funds forfeited and will be prohibited\n\nfrom requesting the credit balance in the future. All returns of\n\noverpayment shall be returned to the clearing account as set forth\n\nin Section 3-604 of this title.","path":["OK Code","Title 40"],"source_url":"https://www.oklegislature.gov/OK_Statutes/CompleteTitles/os40.pdf","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:36Z","sha256":"e2bac841275af95de613d636ff06cb54647746996dad61e71516a7bfe4705aea","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-40-40-3-310","next":"us-ok/okla.-stat.-tit.-40-40-3-401"},"notice":"GroundRules: Original legal text. Not legal advice."}