{"data":{"id":"us-ok/okla.-stat.-tit.-60-60-663","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 60, § 60-663","heading":"Payment or delivery of abandoned property","body":"\n\nA. A person who is required to file a report under Section 661\n\nof this title shall at the same time pay or deliver to the State\n\nTreasurer all abandoned property required to be reported after first\n\ndeducting therefrom expenses incurred in the mailing of notices\n\nrequired by subsection E of Section 661 of this title and any\n\noffsets as provided by law. Any funds or property subject to\n\naggregate reporting shall be delivered at the same time as the\n\nreport.\n\nB. A holder may file a written explanation of an error in the\n\npresumption of abandonment of any previously reported and paid or\n\ndelivered property. If the property has not been claimed by the\n\nowner and the State Treasurer is satisfied an error has been made, a\n\nrefund of the payment or delivery of the property shall be made to\n\nthe holder.\n\nC. The holder of an ownership interest under Section 655 of\n\nthis title shall deliver a duplicate certificate or other evidence\n\nof ownership if the holder does not issue certificates of ownership\n\nto the State Treasurer. Upon delivery of a duplicate certificate to\n\nthe State Treasurer, the holder and any transfer agent, registrar,\n\nor other person acting for or on behalf of a holder in executing or\n\ndelivering the duplicate certificate is relieved of liability as\n\nprovided in Section 664 of this title to every person, including any\n\nperson acquiring the original certificate or the duplicate of the\n\ncertificate issued to the State Treasurer, for losses or damages\n\nresulting to any person by the issuance and delivery to the State\n\nTreasurer of the duplicate certificate.\n\nD. Property removed from a safe deposit box or other\n\nsafekeeping depository is received by the State Treasurer subject to\n\nthe right of the holder to be reimbursed for the cost of the opening\n\nand to any valid lien or contract providing for the holder to be\n\nreimbursed for unpaid rent or storage charges. The State Treasurer\n\nshall reimburse the holder out of the proceeds remaining after\n\ndeducting the expenses incurred by the State Treasurer in selling\n\nthe property. The liability of the State Treasurer for this\n\nreimbursement to the holder shall be limited to the proceeds of the\n\nsale remaining after deducting the expenses incurred by the State\n\nTreasurer.","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":"0c7f78e195e0afed48f9f02a0297e0fc044b5559d1308dbea1dfcf616626c231","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-60-60-662","next":"us-ok/okla.-stat.-tit.-60-60-664"},"notice":"GroundRules: Original legal text. Not legal advice."}
