The 24th Annual Oklahoma Oil & Natural Gas Expo was a success. Presented by OERB and SOER, more than 2,000 attendees and nearly 200 exhibitors experienced this event. The 25th Oklahoma Oil & Natural Gas Expo will be held at the Bennet Event Center of the Oklahoma City Fairgrounds on October 13, 2022. Marathon Oil launched the “Unconventional Thinking in Teaching” program in April of 2021 as part of the company’s investment in building stronger communities through education. The program awards grants to innovative teachers in the areas where Marathon Oil operates. Fourteen teachers were Unclaimed Property Although the deadline of November 1, 2021 is past, the following states have made changes in their reporting requirements:
selected as winners in the program’s pilot year: five winners from Oklahoma, five from Texas, two from New Mexico, and two from North Dakota. Each winner is to receive a $2,500 grant from Marathon Oil to support the purchase of classroom resources, such as books, activity and lab materials, technology, or personal professional development. Source: OERB October 2021 Newsletter. To learn more about OERB, sign up for their mailing list, register for events, and see videos of OERB activities, visit www.oerb.com.
Ohio
North Dakota
As a reminder, Chapter 169 of the Ohio Revised Code requires all businesses operating in Ohio or holding funds due to Ohio residents to file an Annual Report of Unclaimed Funds with the Division of Unclaimed Funds. The unclaimed funds reporting process and items of information a holder is expected to provide continue to evolve in the Unclaimed Funds Law administrative rules. Please be aware of the following when preparing for an unclaimed funds reporting deadline. Due Diligence Conducting due diligence is an important, final step that holders are required to complete prior to reporting unclaimed funds to the Division of Unclaimed Funds. Below are the key points to remember about this process.
Earlier this year, the North Dakota Legislature passed a version of the Revised Uniform Unclaimed Property Act (RUUPA) which will be in effect for this year’s re- porting period. https://unclaimedproperty.nd.gov/app/ ucp-law. To assist our holders with the changes, we have created several resources you may find useful, and placed them on our website: https://unclaimedproperty.nd.gov/app/ holder-manuals . To ease the transition to the new law, we have added a short instructional webinar, as well as provided an updated Holder Reporting Manual and instructions to assist you in creating and submitting reports electronically. In addition to the resources provided on our website, our knowledgeable staff is ready to assist with any further questions. Please feel free to contact us at: unclaimed@nd.gov or 701-328-2800.
1. Companies are required to send an OUF-8 Notice of Unclaimed Funds, or a similar notice that meets
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N a t i o n a l A s s o c i a t i o n o f D i v i s i o n O r d e r A n a l y s t s
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