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| Unclaimed Property |
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| Holder Educational Seminars |
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South coast, photo Kevin Moynahan
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Learn About Rules
Get Help Filing
The Department of State Lands offered educational seminars in five Oregon cities this spring to help businesses and organizations prepare for filing unclaimed property reports in October.
Participants received a binder with presentation handouts, step-by-step instructions, forms, and references to free managing/reporting software.
NOTE: All businesses and organizations are potential unclaimed property holders—especially those issuing a large number of refunds or credit memos, providing financial services or employing many individuals with high turnover.
Many businesses and organizations, however, don’t realize they are holding unclaimed property or that state law requires them to search for owners of property over $100 and deliver unclaimed assets to the Department of State Lands.
Unclaimed property is any asset held for an unreachable person or entity. Typical items include payroll checks, deposits, savings and checking accounts, money orders and safe deposit box contents. Property is unclaimed if the holder cannot contact the owner within a certain period of time, usually three to five years.
Learn more about unclaimed property holder reporting requirements or access information and forms for filing your report here or call (503) 378-3809.
See www.unclaimed.org for other states.
Obtain free software for creating reports accepted by all states at www.wagers.net/hrs.
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