Okla. Admin. Code § 735:80-3-40

Current through Vol. 42, No. 6, December 2, 2024

Section 735:80-3-40 - Utilities; reporting requirements

(a) The following categories of property normally held by a utility company shall be subject to reporting under the Uniform Unclaimed Property Act:

(1) Outstanding or unclaimed expense and vendor checks, payroll checks, and refund checks;

(2) Deposits made to insure payment of utility services;

(3) Unclaimed stock and dividends;

(4) Unidentified remittances;

(5) Any other intangible personal property not otherwise specifically cited in the Act.

(b) Any sum which a utility has been ordered to refund by a court or by a regulatory agency (excepting those exempt by statute or order issued by competent authority) that has remained unclaimed by the rightful owner for a period of one (1) year. [See: 60 O.S. § 654.1 ]

Okla. Admin. Code § 735:80-3-40

Transferred from 710:80-3-40 at 60 O.S., § 688, eff 7-1-99 (see Editor's Notice published at 17 Ok Reg 217)