{"data":{"id":"us-ok/okla.-stat.-tit.-84-84-271.1","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 84, § 84-271.1","heading":"Abandoned mineral interests","body":"If the proceeds or other intangible property interest from any\n\nmineral interests are abandoned for a period of fifteen (15) years,\n\nas provided for in the Uniform Unclaimed Property Act, then the\n\nmineral interest which generates the intangible property interest\n\nshall not be subject to escheat, but shall be subject to judicial\n\nsale by the state as provided for in Sections 273 through 277 of\n\nthis title.\n\nIf a judgment is rendered in favor of the state in such\n\nproceedings, a sale of the mineral interest shall be ordered, then:\n\n1. All abandoned mineral interests within a single production\n\nunit shall be grouped together as far as practicable for purposes of\n\nsale; and\n\n2. Any interest sold by the state shall remain subject to all\n\nprior valid pooling and drilling orders, rules, or regulations of\n\nthe Corporation Commission; and\n\n3. The record owner or owners of the surface from which\n\nabandoned mineral interests have been severed shall be mailed at the\n\nlast-known address as shown by the records of the county treasurer a\n\nnotice of the sale of such abandoned mineral interest at least\n\nthirty (30) days prior to said sale; and\n\n4. The successful bidder at said sale shall pay the costs and\n\nexpenses of bringing the action as determined by the court.","path":["OK Code","Title 84"],"source_url":"https://www.oklegislature.gov/OK_Statutes/CompleteTitles/os84.pdf","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:36Z","sha256":"54fd3cfe3d144fd12be39e6d9b3b456dc5b78ad62a31e351045f39bf2def0182","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-84-84-271","next":"us-ok/okla.-stat.-tit.-84-84-273"},"notice":"GroundRules: Original legal text. Not legal advice."}