Oklahoma § 60-657.4 - Intangible property - Presumption of abandonment
Full text of Oklahoma Oklahoma Statutes § 60-657.4 — Intangible property - Presumption of abandonment, with citation guidance and answers to common questions.
§ 60-657.4. Intangible property - Presumption of abandonment
A. All intangible property, including but not limited to
securities, principal, interest, dividends or other earnings
thereon, less any lawful charges, held by a business association,
federal, state or local government or governmental subdivision,
agency or entity, or any other person or entity, regardless of where
the holder may be found, if the owner has not claimed such property
or corresponded in writing with the holder concerning the property
within three (3) years after the date prescribed for payment or
delivery by the issuer, unless the holder is a state that has taken
custody pursuant to its own unclaimed property laws, in which case
no additional period of holding beyond that of such state is
necessary hereunder, is presumed abandoned and subject to the
custody of this state as unclaimed property if:
1. The last-known address of the owner is unknown; and
2. The person or entity originating or issuing the intangible
property is in this state or any political subdivision of this
state, or is incorporated, organized, created or otherwise located
in this state.
B. The provisions of subsection A of this section shall not
apply to property which is or may be presumed abandoned and subject
to the custody of this state pursuant to any other provision of law
containing a dormancy period different than that prescribed in
subsection A of this section.
C. The provisions of subsection A of this section shall apply
to all property held at the time of the effective date of this act,
or at any time thereafter, regardless of when such property became
or becomes presumptively abandoned.
Added by Laws 1992, c. 295, § 27, eff. July 1, 1992. Amended by
Laws 2000, c. 136, § 4, eff. July 1, 2000.
Source: official Oklahoma text · Last verified 2026-08-27
Frequently Asked Questions About Oklahoma § 60-657.4
What does Oklahoma Statutes § 60-657.4 cover?
Section 60-657.4 ("Intangible property - Presumption of abandonment") is part of the Oklahoma Statutes, the codified statutory law of Oklahoma. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Oklahoma § 60-657.4?
A common citation format is "Oklahoma Statutes § 60-657.4" (Oklahoma). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Oklahoma law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Oklahoma official source linked on this page or consult a licensed Oklahoma attorney.
How does Oklahoma § 60-657.4 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Oklahoma can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Oklahoma.