Oklahoma treasurer's unclaimed property division moves to Capitol

The move is an effort to make it easier for people looking for money and property left in Oklahoma bank accounts or safe deposit boxes as well as to improve ways to reunite that property with the owners.
BY MICHAEL MCNUTT mmcnutt@opubco.com Published: June 11, 2013
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People trying to retrieve money and property left in Oklahoma bank accounts or safe deposit boxes, as well as royalty payments or old paychecks, should have an easier time finding where to make their claim: Head to the state Capitol.

The state treasurer's office began moving its unclaimed property division Monday from a former shopping mall to remodeled office space in the Capitol.

The move is an effort to save money and to improve efforts to reunite people with their lost money and property, agency spokesman Tim Allen said.

The 16 employees of the unclaimed property division moved Monday from Shepherd Mall Office Complex to remodeled space in the treasurer's space on the second floor of the Capitol. The remodeling cost was about $78,000 and is a one-time expense, Allen said.

The treasurer's office will save about $64,000 a year in rent it paid for the Shepherd Mall space, Allen said. The treasurer's office, like other executive state offices, pays no rent for Capitol space.

Unclaimed property includes bank accounts, security deposits, old paychecks, overpayments, royalties, rebates, stock and bonds. Safe deposit box contents also are included.

The treasurer's office has two annual main outreach activities to find owners of unclaimed property — booths at the Oklahoma State Fair and at the Tulsa State Fair, and printing in newspapers a list of names with unclaimed property.

People may check the state treasurer's unclaimed property division website anytime. The website is www.yourmoney.ok.gov.

State Treasurer Ken Miller said Monday's move marks the first time the unclaimed property division has been with his other employees in the Capitol. The unclaimed property fund, formed in 1967, originally was under the administration of the Oklahoma Tax Commission. It was transferred to the treasurer's office in 2000.

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