The amount and variety of unclaimed property in the state of Oregon is larger than one would think. Sometimes it happens when people move and forget to reclaim their utility deposits or over-payments; other times, people may die and leave some money squirreled away in separate checking or savings accounts. Laws regarding unclaimed property in OR also mean that business owners have legal obligations if they come into possession of unclaimed property.
The list of unclaimed property in WA includes, but is not limited to, stocks, checking/savings accounts, death benefits, vendor checks, over-payments, CDs, paid-in-full life insurance, uncashed checks, unpaid wages, money orders, credit balances, refunds, dividends, commissions, insurance payments, gift certificates and customer deposits.
1. Know the laws regarding abandoned property in Oregon and how those laws impact you as a business owner.
2. Search unclaimed property, state of Oregon, to see if you have forgotten some assets.
3. Find unclaimed property in Oregon state auctions.
Know your obligations regarding OR unclaimed propertyAs a business owner, you're typically required to report and remit unclaimed property in Oregon. If someone forgets to pick up a deposit or a check, make sure you know what your legal obligations are.
Unclaimed Property Holder Information page for reporting requirements and dormancy periods. For detailed information about filing unclaimed property holder status, see the Business Owner's Toolkit.
Search Oregon unclaimed property to ensure that you or your business haven't left assets behindIt may be a long shot, but why not perform a search for abandoned property in Oregon to make sure your business doesn't have some Oregon unclaimed properties? This makes even more sense if your business has been around for a long time or it has a long string of former owners. You might be pleasantly surprised to find that one of the former owners neglected to retrieve some WA unclaimed property or even some unclaimed land in Oregon that still belongs to your business.
claim form. Check with the National Association of Unclaimed Property Administrators website for unclaimed property in Oregon and other states.
Find abandoned property in OR at auctions or storesState and local governments, as well as police agencies, sometimes dispose of unclaimed properties in Oregon through auctions or stores. If you like auctions or discount shopping, it can be a good way to save your business some money.
- Be wary if approached by someone who wants money in exchange for information on state of Oregon unclaimed property; you can find the same information yourself for free.