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§ 556. Custody of Mineral Owner's Fund--Transfer of monies to Unclaimed Property Fund

Oklahoma Statutes AnnotatedTitle 52. Oil and Gas

Oklahoma Statutes Annotated
Title 52. Oil and Gas (Refs & Annos)
Chapter 12A. Unknown or Unlocated Property Owners (Refs & Annos)
52 Okl.St.Ann. § 556
§ 556. Custody of Mineral Owner's Fund--Transfer of monies to Unclaimed Property Fund
The State Treasurer shall retain custody of the Mineral Owner's Fund and annually on a date established by the Treasurer shall transfer to the Unclaimed Property Fund those monies which have been in escrow accounts and the Mineral Owner's Fund five (5) years or more after the date of pooling. After that time, such monies shall be subject to the Uniform Unclaimed Property Act.1

Credits

Laws 1983, c. 320, § 6; Laws 1991, c. 331, § 53, eff. Sept. 1, 1991; Laws 2000, c. 136, § 3, eff. July 1, 2000.

Footnotes

Title 60, § 651 et seq.
52 Okl. St. Ann. § 556, OK ST T. 52 § 556
Current with legislation of the Second Regular Session and First and Second Extraordinary Sessions of the 58th Legislature (2022).
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