State Treasurer Scott Meacham and his staff are going on television tonight in Tulsa to try to find the owners of cash and other assets in the state’s unclaimed property fund.
One person in Tulsa has $300,000 in cash and $500,000 worth of stocks in the unclaimed property fund managed by the state treasurer’s office, said Tim Allen, a spokesman for the treasurer’s office.
Another person has $122,000 in cash and another individual has $137,000 in cash in the fund, he said. The treasurer’s office knows the identities of the owners, but has been unable to find them.
Meacham will appear during the 4, 5 and 6 p.m. newscasts on KTUL-8. Six telephone lines will be available for viewers to call.
His staff will appear during the 9 p.m. newscast on KOKI-23. They will be answering four telephone lines.
Oklahomans may check to see whether any unclaimed property belongs to them or their relatives by going to the treasurer’s Web site at www.treasurer.ok.gov and click on Search for Unclaimed Property.
Assets in the unclaimed property fund include uncashed paychecks, overpayments, royalties, rebates, and stocks and bonds and the contents of abandoned safe deposit boxes.
The treasurer’s office holds the money for perpetuity in the unclaimed property fund until a successful claim is made. The cash and property are turned over to the treasurer’s office when the businesses holding them lose track of the owners.
While it can’t touch money in the fund, the state earns interest on it. The unclaimed property fund has about $175 million in assets.