Oklahoma residents have the opportunity to claim their share of $1.2 billion in unclaimed property funds, with over 800,000 individuals being eligible for these funds.
$1.2 Billion Unclaimed Property Funds In Oklahoma
The Oklahoma State Treasurers‘ unclaimed property funds division manages these property funds and aims to reunite the property with its rightful owners. Unclaimed property can encompass a variety of items, including jewelry, stock certificates, coin collections, and cash.
Property is classified as unclaimed when there is a lack of activity from the owner, such as not cashing a check, returning mail, or a lack of communication. If the property is not claimed within a designated timeframe, it is regarded as abandoned and needs to be reported to the unclaimed property program of the state.
The unclaimed property funds encompass various categories of assets according to the Washington Examiner, which include outstanding amounts owed to suppliers/vendors, overpayments/refunds/rebates, credit memos, items kept in safekeeping, collateral for loans, deposits held by banks, stocks, bonds, and mutual funds, garnishments or deposits made to courts, payroll or wage obligations, security deposits, funds held in escrow, receipts of unidentified origin, funds held by a trustee or fiduciary, dividends, interest, royalties, proceeds from matured insurance policies, amounts owed under insurance contracts, and funds distributable during liquidation or dissolution.
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How to Check If You Have Unclaimed Property Funds?
To determine if you have unclaimed property funds, you can visit missingmoney.com, a national unclaimed property database. By entering your name and city, you can check if you are eligible to receive any unclaimed property funds. To be eligible, individuals must have a proprietary interest in the unclaimed property, or in the case of a deceased individual, be the estate holder. Requesting unclaimed property funds on behalf of a family member or friend is also possible.
Don’t miss out on the opportunity to claim your unclaimed property funds in Oklahoma. Visit missingmoney.com and check if you are entitled to any unclaimed property today.