Report and transfer of unclaimed deposits
(1) All deposits that remain unclaimed after six months from the date of the written notice mentioned in ORS 711.220 (Notice of voluntary liquidation) (3), shall be reported and transferred by the Oregon stock bank to the Department of State Lands as unclaimed property under ORS 98.302 (Definitions for ORS 98.302 to 98.436) to 98.436 (Short title) and 98.992 (Penalty for failure to report, pay or deliver property under ORS 98.302 to 98.436).
(2) A copy of the report of unclaimed deposits filed with the Department of State Lands shall be filed with the Director of the Department of Consumer and Business Services. [Amended by 1957 c.670 §33; 1959 c.138 §1; 1973 c.797 §241; 1993 c.694 §36; 1997 c.631 §240]
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