Okla. Admin. Code § 165:10-25-6

Current through Vol. 42, No. 4, November 1, 2024

Section 165:10-25-6 - Payment to the Commission

(a) No later than 30 days after the annual reporting date of each year, the holder shall submit to the Commission the principal of all monies placed in escrow accruing under the orders issued during the first year, and all subsequent years where the sum exceeds $100.00 for any one person.

(b) If the holder has placed in escrow less than $100.00 for any one person, the holder may follow the procedures for deposit, or maintain the funds in escrow. If the amount accumulates to over $100.00 for any one person after any annual reporting date, it shall be submitted to the Commission on the next annual reporting date.

(c) Payments shall be tendered to the Finance Office of the Commission. Payments shall be made by cashier's check, certified check, or money order made payable to the "Oklahoma Corporation Commission".

Okla. Admin. Code § 165:10-25-6

Amended by Oklahoma Register, Volume 32, Issue 23, August 17, 2015, eff. 8/27/2015.