Oklahoma Unclaimed Money

The OK State Treasurer's Office explains how funds become unclaimed money in Oklahoma, this way:

By law, most property becomes unclaimed when the owner has not contacted the holder for a specified period of time. Often, the owner forgets the account exists, moves, or cannot be located. In some cases, the owner is deceased and the heirs have no knowledge of the property.

Further, they explain how they (the state) winds up in possession of your OK unclaimed money:

Oklahoma's Unclaimed Property Law requires holders to annually report and deliver property to the State Treasurer's Office. All holders are required by law to attempt to contact the owners before reporting the property to the State. This applies to holders located within Oklahoma, as well as holders within other states.

Additionally, the state treasurer's office lists the following as potential sources for Oklahoma unclaimed money:

• Amounts owed to suppliers/vendors


• Overpayments/refunds/rebates


• Credit memos


• Items held in safekeeping


• Loan collateral


• Deposits held by depository institutions


• Stocks, bonds, and mutual funds


• Garnishments or court deposits


• Payroll/wage obligations


• Security deposits


• Escrow funds


• Unidentified receipts


• Amounts held by a fiduciary or trustee


• Dividends, interest, royalties


• Matured insurance policy proceeds


• Amounts due under insurance contracts


• Amounts distributable at liquidation/dissolution

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Why wait any longer for your Oklahoma unclaimed money, when you could have it Sooner!?