ORS 98.354¹
Records of ownership or issuance of instruments to be maintained

(1) Every holder required to file a report under ORS 98.352 (Report of abandoned property) as to any property for which the holder has obtained an address of the owner, shall maintain a record of the name and last-known address of the owner and such signature cards and other evidence which would assist in the identification of the owner for three years after the property has been remitted to the Department of State Lands.

(2) Any business association that sells in this state traveler’s checks, money orders or other similar written instruments, other than third party bank checks on which the business association is directly liable, or that provides such instruments to others for sale in this state, shall maintain a record of those instruments while they remain outstanding, indicating the state and date of issue, for five years after the date the property has been remitted to the department. [1983 c.716 §38; 1993 c.694 §7; 1995 c.219 §1; 2001 c.302 §8]

Atty. Gen. Opinions

Necessity of probate if abandoned prop­erty is claimed by heirs, (1972) Vol 35, p 1177

1 Legislative Counsel Committee, CHAPTER 98—Lost, Unordered and Unclaimed Property; Unlawfully Parked Vehicles, https://­www.­oregonlegislature.­gov/­bills_laws/­Archive/­2007ors98.­pdf (2007) (last ac­cessed Feb. 12, 2009).
2 Legislative Counsel Committee, Annotations to the Oregon Revised Stat­utes, Cumulative Supplement - 2007, Chapter 98, https://­www.­oregonlegislature.­gov/­bills_laws/­ors/­098ano.­htm (2007) (last ac­cessed Feb. 12, 2009).
3 OregonLaws.org assembles these lists by analyzing references between Sections. Each listed item refers back to the current Section in its own text. The result reveals relationships in the code that may not have otherwise been apparent. Currency Information