SECTION 735:80-15-2. Definitions

Latest version.

The following words and terms, when used in this Subchapter, shall have the following meaning, unless the context clearly indicates otherwise:
"Amnesty" means a program authorized by the State Treasurer in which potential holders of unclaimed property are promised waivers of interest and civil penalties on reported amounts if they voluntarily begin to comply with the reporting requirements of the State's unclaimed property laws.

[Source: Added at 18 Ok Reg 837, eff 2-6-01 (emergency); Added at 18 Ok Reg 2899, eff 6-25-01]

                    
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