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INSTRUCTIONS FOR COMPLETING REPORT OF UNCLAIMED PROPERTY (FORM 497-UP-2) (NOTE: DO NOT USE THIS FORM FOR REPORTING MINERAL INTERESTS FROM OKLAHOMA PROPERTIES) Use the following item-by-item instructions

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What is report of unclaimed property?

The report of unclaimed property is a document that provides information on any financial assets or properties that have been left inactive or unclaimed by their rightful owners for a certain period of time.

Who is required to file report of unclaimed property?

The entities required to file a report of unclaimed property vary depending on the jurisdiction, but typically include financial institutions, insurance companies, corporations, and government agencies.

How to fill out report of unclaimed property?

The process of filling out a report of unclaimed property involves gathering all relevant information about the unclaimed assets or properties, such as owner details, account numbers, and any supporting documentation. This information is typically entered into a designated report form or software provided by the appropriate governing authority.

What is the purpose of report of unclaimed property?

The purpose of the report of unclaimed property is to ensure that any unclaimed assets or properties are properly accounted for and made available for reclamation by their rightful owners. It also serves as a means of preventing fraud or misuse of these assets.

What information must be reported on report of unclaimed property?

The information that must be reported on a report of unclaimed property typically includes the owner's name and last known address, a description of the property or asset, the date of last activity or contact with the owner, and any relevant identification numbers or account details.

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