Okla. Admin. Code § 165:5-7-8

Current through Vol. 42, No. 7, December 16, 2024

Section 165:5-7-8 - Exception to escrowing monies for unknown or unlocated owners

(a) Notice of hearing for an order granting an exception for the escrowing of monies in a financial institution for unknown or unlocated owners and permitting the escrowing of such monies in an in-house account shall be published one time at least fifteen (15) days prior to the hearing in a newspaper of general circulation in Oklahoma County, Oklahoma, and in a newspaper of general circulation published in the county where the holder's principal office in the state is located.

(b) Notice of hearing shall be served on the Commission's Manager of the Mineral Owners Escrow Account by mail at least ten (10) days prior to the hearing.

Amended at 10 Ok Reg 2591, eff 6-25-93; Amended at 11 Ok Reg 3675, eff 7-11-94