State treasurer heads to fair
State Treasurer Scott Meacham will be helping fairgoers today at the Oklahoma State Fair search for unclaimed property that may be held by the state.
The treasurer’s office is holding about $300 million that belongs to approximately 500,000 Oklahomans. His staff is operating a booth in the Cox Pavilion during the fair, which runs through Sunday.
Meacham will be at the treasurer’s booth at 2 this afternoon.
During the first four days of the fair, workers from the treasurer’s unclaimed property division found more than $100,000 for more than 180 people who visited the treasurer’s booth.
This is the ninth consecutive year the office has operated a “Pot of Gold” booth at the Oklahoma State Fair. Since first setting up booths at the state fairs in Oklahoma City and Tulsa, more than $3.2 million has been found for more than 8,200 fair patrons.
Last year, more than $400,000 was found for almost 500 people attending the Oklahoma City fair. A similar amount was found last year for attendees of the Tulsa fair.
Since becoming state treasurer four years ago, Meacham has returned almost $62 million to more than 67,000 Oklahomans.
Examples of unclaimed property include bank accounts, security deposits, old paychecks, royalties, rebates, stock and bonds. The contents of abandoned safe deposit boxes are also included.
The cash and property are turned over to the state treasurer’s office when the businesses holding them lose track of the owners. The unclaimed property division operates a searchable database at
www.treasurer.ok.gov.
- Michael McNutt, Capitol Bureau
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