{"data":{"id":"us-ok/okla.-stat.-tit.-60-60-658","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 60, § 60-658","heading":"Miscellaneous personal property held for another","body":"A. Except as otherwise provided in the Uniform Unclaimed\n\nProperty Act, all intangible personal property, including income or\n\nincrement derived from the property, less any lawful charges, that\n\nis held, issued, or owing in the ordinary course of a holder’s\n\nbusiness and has remained unclaimed by the owner for more than five\n\n(5) years after becoming payable or distributable is presumed\n\nabandoned.\n\nB. Holders of presumed abandoned intangible property shall\n\nreport annually and remit all proceeds accrued to date, including\n\nthe current balance held by the holder. When and if any part of the\n\nproceeds has been held for the statutory abandonment period or\n\nlonger, the holder must report and remit all interest, additions,\n\nand increments accrued to the account of the owner. Any additional\n\namounts accruing to an owner of the same intangible property\n\npresumed abandoned previously reported will be reported and remitted\n\non an annual basis, including additional amounts from the “as of\n\ndate” of the previous report year through the “as of date” of the\n\ncurrent report year.\n\nC. In no event shall mineral interest proceeds be required to\n\nbe reported or remitted sooner than six (6) months after the date of\n\nfirst sale from the applicable well.\n\nD. Property is payable or distributable for the purposes of\n\nthis act notwithstanding the owner’s failure to demand the property\n\nor to present an instrument or document required to receive payment\n\nof the property.","path":["OK Code","Title 60"],"source_url":"https://www.oklegislature.gov/OK_Statutes/CompleteTitles/os60.pdf","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:36Z","sha256":"239fbb74fd82e4a852866d48a57ff812949aac291898f004c295e71e214df2c7","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-60-60-657.4","next":"us-ok/okla.-stat.-tit.-60-60-658.1"},"notice":"GroundRules: Original legal text. Not legal advice."}