The last-known address, as shown on the records of the holder, of the apparent owner is in a state that does not provide by law for the escheat or custodial taking of the property or its escheat or unclaimed property law is not applicable to the property, and the holder is a domiciliary, government, or governmental subdivision or agency, including a municipality, of this state; 5. Liens Chapter 6 Self-Service Storage Facility Lien Act, Self-Service Storage Facility Lien Act. The mailing of notice by first-class mail to the last-known address of the owner by the holder shall constitute compliance with this subsection and, if done, no further act on the part of the holder shall be necessary. Well also help you find the best deals on. Ive driven in snow before, but after moving to a new state even farther north, I think I need to upgrade my cars gear. It has not been previewed, commissioned or otherwise endorsed by any of our network partners. The fund shall be a continuing fund, not subject to fiscal year limitations, and shall consist of monies deposited to the fund pursuant to Section 668 of this title. This program does, however, primarily deal with unclaimed money in the form of checks, money orders, royalties, etc, so it may be harder to locate vehicles, homes, and the like. The State Treasurer may enter into contracts with these persons, firms or corporations performing these services, which services may include the examination of any party subject to examination under the Uniform Unclaimed Property Act. was wonderful! 60 OK Stat 60-674 (2014) What's This? B. In this case, someone else may lay claim to the property by filing an, Everything you need to know about Section 8 Housing in Tulsa. The report must be verified and must include: 1. The real property owner, legal possessor or authorized agent and the wrecker vehicle driver shall jointly, and each in the presence of the other, inventory personal property found within or upon the vehicle and each shall accordingly sign a statement on the form reflecting this requirement has been fulfilled. . Financial organization means a savings and loan association, building and loan association, or credit union; 7. Definitions. Owner means the owner, operator, lessor, or sublessor of a self-service storage facility, his agent, or any other person authorized by him to manage the facility or to receive rent from an occupant under a rental agreement; 5. , which deals with those objects forgotten, left, or illegally disposed of on another person or entitys property. Unclaimed Property Division Oklahoma State Treasurer 9520 N. May Ave., Lower Level Oklahoma City , OK 73120 (405) 521-4273 Office Hours: 9:00 am to 5:00 pm Mon. Check out these pros and cons to help you decide if it's the right fit. 5616 Page 2 . The clerk shall also report to the board of county commissioners that the report has been received, and note the receipt in the minutes of the meeting, so the public can be informed. Who is in charge of abandoned property in Oklahoma? Relief From Liability by Payment or Delivery. Where a rental agreement, as defined in Section 2 of this act, is entered into between the owner and the occupant, the owner of a self-service storage facility and his heirs, executors, administrators, successors, and assigns have a lien upon all personal property located at the self-service storage facility for rent, labor, or other charges, present or future, in relation to the personal property and for expenses necessary for its preservation or expenses reasonably incurred in its sale or other disposition pursuant to this act. If a vehicle has been abandoned on the highway or on some other stretch of public property, Highway Patrol may request for it to be towed, in which case it will fall into the possession of the tow truck company. F. Reports filed by a holder shall remain confidential except for that information required to be subject to public inspection pursuant to the Uniform Unclaimed Property Act. Last-known address means a description of the location of the apparent owner sufficient for the purpose of the delivery of mail; 11. The provisions of subsection A of this section shall not apply to property which is or may be presumed abandoned and subject to the custody of this state pursuant to any other provision of law containing a dormancy period different than that prescribed in subsection A of this section. Jerry can even help you bundle your home and auto insurance policies to maximize your savingsno hassle or tedious paperwork required!. Terms Defined. The holder regularly imposes such charges or ceases payment of interest. C. The running of the seven-year period of abandonment ceases immediately upon the occurrence of a communication described in subsection A of this section. Securities listed on an established stock exchange must be sold at prices prevailing at the time of sale on the exchange. Vehicles abandoned on private property, however, may be dealt with in one of two ways. The person or entity originating or issuing the intangible property is in this state or any political subdivision of this state, or is incorporated, organized, created or otherwise located in this state. . "Self-service storage facility" means any real property designed and used for the purpose of renting or leasing individual storage space to occupants who are to have access to such facility for the purpose of storing and removing personal property. The owner of a self-service storage facility shall not be liable for damages sustained by an occupant, if any, alleged to result from action taken by the owner to prevent access to the self-service storage facility after the occupant has committed an act of default pursuant to the rental agreement. f. amounts distributable from a trust or custodial fund established under a plan to provide health, welfare, pension, vacation, severance, retirement, death, stock purchase, profit sharing, employee savings, supplemental unemployment insurance, or similar benefits; 10. Added by Laws 1998, c. 306, 2, eff. If the occupant abandons or surrenders possession of the self-service storage facility and leaves household goods, furnishings, fixtures, or any other personal property in the self-service storage facility, the owner may take possession of the property, and if, in the judgment of the owner, the property has no ascertainable or apparent value, the owner may dispose of the property without any duty of accounting or any liability to any party. NEW LAW A new section of law to be codified in the Oklahoma Statutes as Section 651.1 of Title 60, unless there is created a duplication in numbering, reads as follows: . Communicated in writing with the association regarding the interest or a dividend, distribution, or other money payable as a result of the interest; or. Intangible property distributable in the course of a dissolution of a business association which remains unclaimed by the owner for more than one (1) year after the date specified for final distribution is presumed abandoned. An abandoned vehicle is a motor vehicle that has been left unattended on the property of another for more than 96 hours, if it was left without the permission of the owner. A. A. Added by Laws 1967 . A statement that information concerning the property and the name and last-known address of the holder may be obtained by any person possessing an interest in the property by addressing an inquiry to the State Treasurer; and. Any such person who, pursuant to a statutory requirement, filed a bond or bonds pertaining to such abandoned property with the State Treasurer may also deduct an amount equivalent to that part of the bond premium attributable to such abandoned property. Intangible Property that is Presumed Abandoned. Convenient, Affordable Legal Help - Because We Care! 4. (12-1148.10A; Parker Livestock v. Communicated in writing with the banking or financial organization concerning the property; 3. Except to the extent otherwise ordered by the court or administrative agency, any sum that a business association has been ordered to refund by a court or administrative agency which has remained unclaimed by the owner for more than one (1) year after it became payable in accordance with the final determination or order providing for the refund, whether or not the final determination or order requires any person entitled to a refund to make a claim for it, is presumed abandoned. C. The provisions of subsection A of this section shall apply to all property held at the time of the effective date of this act, or at any time thereafter, regardless of when such property became or becomes presumptively abandoned. Oklahoma Department of Libraries. Where the vehicle was abandoned largely influences what happens to it. C. A holder who has delivered property, including, but not limited to, a certificate of an ownership interest in a business association, other than money to the State Treasurer pursuant to the Uniform Unclaimed Property Act may reclaim the property if still in the possession of the State Treasurer, without paying any fee or other charge, upon filing proof that the owner has claimed the property from the holder. B. Upon the payment or delivery of abandoned property to the State Treasurer, the state assumes custody and responsibility for the safekeeping of the property. (f) Notwithstanding any other provision of law, if the company learns of the death of the insured or annuitant and the beneficiary has not communicated with the insurer within four (4) months after the death, the company shall take reasonable steps to pay the proceeds to the beneficiary. Even if they are in the right according to the court or the contract, the landlord must contact law enforcement to carry out a forcible eviction. The name and last-known address of the person holding the property and any necessary information regarding the changes of name and last-known address of the holder; and. A person who pays or delivers property to the State Treasurer in good faith is relieved of all liability to the extent of the value of the property paid or delivered for any claim then existing or which thereafter may arise or be made in respect to the property. A statement that if proof of claim is not presented by the owner to the holder and the right of the owner to receive the property is not established to the satisfaction of the holder before April 20, or, in the case of property reported by life insurance companies, before October 20, the property will be placed not later than May 1, or in the case of property reported by life insurance companies, not later than November 1, in the custody of the State Treasurer and all further claims must thereafter be directed to the State Treasurer. Upon presumed abandonment of the automatically renewable time deposit, the holder shall report the presumed abandonment to the State Treasurer and may, at the holders option, either retain the property or pay or deliver it to the State Treasurer. They are identified by statute as "easements attached to land." 60 Okla. Stat. C. 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