Abandoned Property Dormancy Periods in Oklahoma
Business Finance
| Property Type |
Presumed Abandoned After |
| Bank account |
demand, savings, and time deposit accounts: five years.
Automatic renewal deposits: 15 years. |
| Checks or drafts |
five years |
| Demutualization proceeds |
two years |
| Gift certificates, gift cards, and credit memos |
Credit memos over $50: five years |
| Insurance policies |
Life or annuity policies: five years.
The presumed maturity of an insurance policy is two years. |
| IRAs or retirement funds |
no specific provision |
| Money orders |
seven years |
| Other intangible personal property not otherwise specified |
Property originated or issued by an entity in the state: three years.
Other property: five years. |
| Proceeds from class action suits |
no specific provision |
| Property distributable by a business association in the course of dissolution |
one year |
| Property held by courts or public agencies |
one year |
| Property held by fiduciaries |
seven years |
| Safe deposit boxes |
five years |
| Shares in a financial institution |
five years |
| Stocks, dividends, and distributions |
Automatic dividend reinvestment plans: 15 years.
Other stocks, dividends and distributions: three years. |
| Traveler's checks |
15 years |
| Deposits and advances owed utility company customer |
one year |
| Wages or salaries |
one year |
Related Resources
Abandoned Property Dormancy Periods in Oregon
Abandoned Property Dormancy Periods in Ohio
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