{"data":{"id":"us-ok/okla.-stat.-tit.-60-60-674.1","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 60, § 60-674.1","heading":"Limitation on service fees for recovery of funds or","body":"property - Mineral proceeds as payment for services prohibited.\n\nA. No person who:\n\n1. Informs a potential claimant of any unclaimed funds or other\n\nproperty, tangible or intangible, held pursuant to the Uniform\n\nDisposition of Unclaimed Property Act that such claimant may be\n\nentitled to claim such unclaimed property; or\n\n2. Files a claim for any funds or other property, tangible or\n\nintangible, on behalf of a claimant of such funds or property,\n\nshall contract for or receive from the claimant, for services, an\n\namount that exceeds twenty-five percent (25%) of the value of the\n\nfunds or property recovered.\n\nIf the funds or property involved are mineral proceeds, the\n\namount for services shall not include a portion of the underlying\n\nminerals or any production payment, overriding royalty, or similar\n\npayment.\n\nIn the event the claimant of such funds or property is deceased\n\nand did not personally agree to the fee in writing, a fee for\n\nrecovery can only be collected from each identified heir, devisee or\n\nlegatee that has affirmatively agreed to that fee in writing.\n\nThe agreement shall be in writing and signed by the claimant\n\neither by manual signature or electronic signature.\n\nB. The provisions of this section shall apply to contracts\n\nexecuted on or after November 1, 2021.","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":"9f27a9178002742f9d5fed455aca2cbf6dc723382b334c8ab73d56e3773871e3","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-60-60-674","next":"us-ok/okla.-stat.-tit.-60-60-674.2"},"notice":"GroundRules: Original legal text. Not legal advice."}