SECTION 735:80-3-40. Utilities; reporting requirements

(a)   The following categories of property normally held by a utility company shall be subject to reporting under the Uniform Unclaimed Property Act:

(1)   Outstanding or unclaimed expense and vendor checks, payroll checks, and refund checks;

(2)   Deposits made to insure payment of utility services;

(3)   Unclaimed stock and dividends;

(4)   Unidentified remittances;

(5)   Any other intangible personal property not otherwise specifically cited in the Act.

(b)   Any sum which a utility has been ordered to refund by a court or by a regulatory agency (excepting those exempt by statute or order issued by competent authority) that has remained unclaimed by the rightful owner for a period of one (1) year. [See: 60 O.S. §654.1]

[Source: Transferred from 710:80-3-40 at 60 O.S., § 688, eff 7-1-99 (see Editor’s Notice published at 17 Ok Reg 217)]