Unclaimed Money Oklahoma

While the definition of Unclaimed Money is usually constant from state to state, there may be some deviations because it is established by state law. Unclaimed property is defined as “different forms of obligations or liabilities of a firm that have been inactive or unpaid for a length of time after they become payable” in Oklahoma. 

Overpayments, loan collateral, credits, refunds, rebates, stocks, deposits, bonds, items held in safekeeping, mutual funds, payroll or wage obligations, garnishments, security deposits, escrow funds, court deposits, unidentified receipts, dividends, amounts held by fiduciaries or trustees, matured insurance policy proceeds and other insurance benefits, royalties, and other unclaimed properties are among the items listed by the state. Oklahoma, like other states, excludes real property such as real estate from its unclaimed money. Furthermore, motor vehicles are exempt.