Oklahoma

Overview of Oklahoma’s Unclaimed Property Law

The Oklahoma Uniform Unclaimed Property Act, administered by the Oklahoma State Treasurer, requires “holders” (businesses, financial institutions, insurers, and others) to report and remit intangible and tangible property that has gone unclaimed after a specified dormancy period.

Examples of reportable property include:

• Checking and savings accounts
• Uncashed payroll or vendor checks
• Insurance proceeds and annuities
• Dividends, stocks, and mutual funds
• Safe deposit box contents

Oklahoma Dormancy Periods

Dormancy timelines vary depending on property type. Below are common categories and thresholds:

Due Diligence Requirements in Oklahoma

Before reporting, holders must complete due diligence to give owners a final opportunity to claim property:

• Mail notice: Send written notice by first-class mail to the last known address no more than 120 days before reporting, if the property value is $50 or more. Properties representing Mineral Interests have more complicated rules.
• Best practice: Supplemental outreach (email or phone) is encouraged to increase reconnection success and demonstrate good-faith compliance.

For organizations managing bulk mailings, Eisen’s escheat mail management solution streamlines outreach and ensures audit-ready documentation.

Oklahoma Reporting Deadlines and Requirements

Oklahoma reporting requirements vary depending on the type of holder.

• Life Insurance Companies:
  
  • Report Period: January 1 - December 31
  • Report and Payment Deadline: May 1
• All Other Businesses:
  
  • Report Period: July 1 - June 30
  • Report and Payment Deadline: November 1

Additional requirements:

• Format: Reports must be filed electronically in NAUPA II format.
• Submission: Online through the Oklahoma State Treasurer’s Unclaimed Property Reporting Portal.
• Remittance: Accepted via Check only.
• Negative Reports: Not required, if no unclaimed property is due.

Read more about Oklahoma’s Unclaimed Property Reporting Requirements.

Oklahoma’s Compliance Assistance Program

Oklahoma offers a Compliance Assistance Program for businesses that are past due on reporting.

Program benefits include:

• Ability to self-report unclaimed property without penalties or interest.
• Opportunity to clear historic liabilities before an audit.
• Greater flexibility in resolving compliance gaps.

VDAs provide a proactive path to compliance and are particularly valuable for businesses conducting internal audits or preparing for examination.

Read more about Oklahoma’s Compliance Assistance Program.

How Eisen Helps You Stay Compliant in Oklahoma

Eisen’s platform is designed to reduce complexity and ensure Oklahoma compliance with precision:

• Escheatment Manager – Tracks dormancy thresholds, classifies property types, and prepares NAUPA-ready reports.
• Outreach Manager – Automates due diligence with time-stamped communications for audit defense.
• Disbursement Manager – Executes secure, traceable payments via check, ACH, or wire.

We also provide specialized insights for industries such as healthcare and utilities, as well as tailored solutions for outstanding checks and other high-volume property types.

Build Stronger Outcomes with Oklahoma Compliance

Oklahoma’s escheatment requirements don’t have to be burdensome. With Eisen, compliance becomes a streamlined function—strengthening customer trust, reducing administrative strain, and protecting your organization from penalties.

Explore our escheatment services to learn how Eisen can streamline your unclaimed property process in Oklahoma and nationwide. Need to manage multiple states? See our full guide on escheatment laws by state.