Oklahoma Administrative Code (Last Updated: March 11, 2021) |
TITLE 165. Corporation Commission |
Chapter 10. Oil & Gas Conservation |
Subchapter 25. Escrowed Accounts for Pooled Monies |
SECTION 165:10-25-4. Payment to owner
Latest version.
- The holder shall have a designated officer or employee to whom claims upon the escrow account may be made. The holder shall promptly pay the appropriate sum to any person showing the holder sufficient proof of ownership and proof of identity as may be determined in good faith by the holder. The holder shall report any payments made on his annual report to the Commission.