Oklahoma Administrative Code
Title 735 - State Treasurer
Chapter 80 - Unclaimed Property
Subchapter 3 - Reporting Requirements
Part 1 - GENERAL APPLICATION
Section 735:80-3-1 - General reporting requirements

(a) Annually a holder must file a verified report of unclaimed property. If a holder has no property that is reportable, a negative report (a report or a letter stating no property is reportable) is encouraged. Report forms may be obtained from OST.

(b) The report must be filed on the form(s) provided on the unclaimed property. Computer generated reports will be accepted only if provided in a format which has received prior approval from OST and if accompanied by an OST form provided for verification. Any report submitted in any format other than the prescribed format required by OST will be returned to the holder for correction.

(c) A holder reporting 15 or more items of property pursuant to 60 O.S. § 661 - Report of Abandoned Property, is required to file the report electronically using the NAUPA standard electronic file format for holders. As used in these regulations, "NAUPA" means the National Association of Unclaimed Property Administrators.

(d) Any holder who refuses to file an Unclaimed Property report as required under the provisions of the Uniform Unclaimed Property Act or refuses to furnish records or information requested by OST to determine the amount of unclaimed property in the holder's possession, and subsequent examination of holder's records establishes that the holder willfully or without reasonable cause has failed to deliver unclaimed property, the holder shall be subject to the penalties imposed by the Uniform Unclaimed Property Act. [See: 60 O.S. §§ 679, 680]

(e) If holders report and remit property to Oklahoma that should be reported and remitted to another state, pursuant to the reciprocal agreements with the other states, OST shall transmit the monies to the respective states of owners last known addresses. [See: 60 O.S. § 683.1]