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 Oklahoma Statutes (Last Updated: September 18, 2014)
 Title 40. LABOR

  § 40-2-615. Waiver of interest.  

Latest version.

  • Any interest, or any portion thereof, that accrues pursuant to the provisions of Section 2-613 of Title 40 of the Oklahoma Statutes, may be waived by the Oklahoma Employment Security Commission provided the failure of the claimant to remit payment at the time a determination of overpayment was made:

    1.  Is explained to the satisfaction of the Commission;

    2.  Resulted from a mistake by the claimant of either the law or the facts concerning the repayment of overpayment benefits; or

    3.  Was caused by insolvency of the claimant.

    No waiver of interest shall be granted unless a request for waiver is filed with the Commission within a three-year period from the date the interest accrued.  No waiver of interest shall be granted to a claimant if it is determined that the claimant received an overpayment of benefits through fraud.

Added by Laws 2002, c. 452, § 14, eff. Nov. 1, 2002.