Applicability to unclaimed prepaid transportation cards
(1) The provisions of ORS 98.005 (Rights and duties of finder of money or goods), 98.015 (Liability of noncomplying finder), 98.025 (Rights of owner) and 98.302 (Definitions for ORS 98.302 to 98.436) to 98.436 (Short title) do not apply to prepaid transportation cards that are held or owing in the ordinary course of the holder’s business and that have remained unclaimed by the owner.
(2) As used in this section, “prepaid transportation card” means any prefunded record evidencing a promise that one or more units of state or local government of any state will provide to the owner or holder of the record, in the amount shown in the record, transportation services that may include but are not limited to the use of a transit system, road or bridge access, use of the transportation system of a transportation district and parking access. [2016 c.58 §1]
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