As used in the Uniform Unclaimed Property Act, unless the context otherwise requires:
1. "Apparent owner" means the person whose name appears on the records of the holder as the person entitled to property held, issued, or owing by the holder;
2. "Attorney General" means the chief legal officer of this state;
3. "Banking organization" means any bank, trust company, savings bank, safe deposit company, private banker, or any organization defined by other law as a bank or banking organization;
4. "Business association" means a non-public corporation, joint-stock company, investment company, business trust, partnership, or association for business purposes of two or more individuals whether or not for profit, including a banking organization, financial organization, insurance company, or utility;
5. "Domicile" means the state of incorporation of a corporation and the state of the principal place of business of an unincorporated person;
6. "Financial organization" means a savings and loan association, building and loan association, or credit union;
7. "Holder" means a person, wherever organized or domiciled, who is:
8. "Insurance company" means an association, corporation, fraternal or mutual benefit organization, whether or not for profit, which is engaged in providing insurance coverage, including accidental, burial, casualty, credit life, contract performance, dental, fidelity, fire, health, hospitalization, illness, life (including endowments and annuities), malpractice, marine, mortgage, surety, and wage protection insurance;
9. "Intangible property" includes:
10. "Last-known address" means a description of the location of the apparent owner sufficient for the purpose of the delivery of mail;
11. "Memorandum" shall include a mark, symbol or statement indicating knowledge of or interest in funds on deposit;
12. "Mineral proceeds" includes:
13. "Museum" means an institution which is located in this state and operated by a nonprofit corporation or a public agency primarily for educational, scientific, historic preservation or aesthetic purposes, and which owns, borrows, cares for, exhibits, studies archives or catalogues property. "Museum" includes, but is not limited to, historical societies, historical sites or landmarks, parks, monuments and libraries;
14. "Owner" means a depositor in the case of a deposit, a beneficiary in case of a trust other than a deposit in trust, a creditor, claimant, or payee in the case of other intangible property, or a person having a legal or equitable interest in property subject to the Uniform Unclaimed Property Act or the person's legal representative. Where more than one person is an owner, the property shall not be presumed abandoned unless it has remained unclaimed by all of its owners for the periods hereinafter prescribed;
15. "Person" means an individual, business association, state or other government, governmental subdivision or agency, public corporation, public authority, estate, trust, two or more persons having a joint or common interest, or any other legal or commercial entity;
16. "State" means any state, district, commonwealth, territory, insular possession, or other area subject to the legislative authority of the United States;
17. "State Treasurer" or "Treasurer" means the duly elected and acting State Treasurer of Oklahoma;
18. "Tax Commission" or "Commission" means the Oklahoma Tax Commission; and
19. "Utility" means a person who owns or operates for public use any plant, equipment, property, franchise, or license for the transmission of communications, or the production, storage, transmission, sale, delivery, or furnishing of electricity, water, steam, or gas.
Added by Laws 1967, c. 107, § 1, emerg. eff. April 24, 1967. Amended by Laws 1991, c. 331, § 1, eff. Sept. 1, 1991; Laws 1992, c. 404, § 1, emerg. eff. June 11, 1992; Laws 1999, c. 10, § 2, eff. July 1, 1999; Laws 2012, c. 131, § 1, eff. Nov. 1, 2012.