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  • Form 497 Up 2

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INSTRUCTIONS FOR COMPLETING REPORT OF UNCLAIMED PROPERTY (FORM 497-UP-2) (NOTE: DO NOT USE THIS FORM FOR REPORTING MINERAL INTERESTS FROM OKLAHOMA PROPERTIES) Use the following item-by-item instructions.

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A “Due Diligence” letter is a written notice to the apparent Owner at the owner's last known address informing the Owner that the Holder is in possession of property subject to the Uniform Unclaimed Property act.

Unclaimed Property Program Search for Unclaimed Property Now! Unclaimed Property Division. Oklahoma State Treasurer. 9520 N. May Ave., Lower Level. Oklahoma City , OK 73120. (405) 521-4273. Office Hours: 9:00 am to 5:00 pm Mon. – Fri. E-mail: Unclaimed@treasurer.ok.gov.

Oklahoma Unclaimed Property Negative Reports Negative reports refer to reports that need to be filed when there is no unclaimed property to report or remit to the state for the year. Oklahoma does not require negative reports but recommends them.

Oklahoma Dormancy Periods Wages/Payroll, Salary – One year. Unredeemed Gift Certificates – Five years. Money Orders (Non-Bank) – Seven years.

What is unclaimed property and why did you receive this letter? Unclaimed property comes in many forms: unpaid wages, uncashed checks, accounts receivable credit balances, etc. Essentially, unclaimed or abandoned property refers to accounts with no activity or contact with the owner for a year or longer.

The claims process can take up to 90 days from the date the completed claim form and supporting documentation are received.

A due diligence letter is a notice sent to a debtor informing them of the creditor agency's intention to refer their debt to TOP for offset against federal payments. The letter contains specific language informing the debtor of their options and rights.

There is no statute of limitations on unclaimed money in Oklahoma, which means that the funds will remain owed to the rightful owner indefinitely.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232