Oregon Law
Law as of Jan 1, 2026
Chapter contents
98.005Rights and duties of finder of money or goods 98.010[Repealed by 1973 c.642 §13] 98.015Liability of noncomplying finder; forfeiture to county of unreclaimed money or goods 98.020[Repealed by 1973 c.642 §13] 98.025Rights of owner 98.030[Repealed by 1973 c.642 §13] 98.040[Repealed by 1973 c.642 §13] 98.045Applicability to unclaimed prepaid transportation cards 98.050Finder’s reports; rules; fee 98.110Record to be kept by consignee or bailee of property 98.120Notice to owner of receipt of property by consignee or bailee 98.130Right of custodian to sell property 98.140Notice of sale 98.150Affidavit by custodian when no response to notice 98.160Inventory and order to sell 98.170Sale 98.180Delivery of proceeds to justice 98.190Disposal of proceeds by justice 98.200Procedure by county treasurer 98.210Payment to person proving ownership 98.220[Repealed by 1957 c.670 §37] 98.230Sale of perishable property 98.240Fees allowed to justice of peace and constable or sheriff 98.245Disposition of unclaimed property; notice of pending disposition; procedure 98.260[1967 c.181 §3; repealed by 1985 c.336 §1] 98.270[1967 c.181 §1; repealed by 1985 c.336 §1] 98.280[1967 c.181 §2; repealed by 1985 c.336 §1] 98.302Definitions 98.304Intangible property subject to custody of state 98.306[1957 c.670 §4; 1967 c.357 §1; 1973 c.797 §424; repealed by 1983 c.716 §26] 98.308Intangible property held by financial institution 98.309Traveler’s check or money order presumed abandoned 98.310[Repealed by 1957 c.670 §37] 98.311Service charge on unclaimed property 98.312[1957 c.670 §5; repealed by 1983 c.716 §26] 98.314Unclaimed funds held by insurance companies 98.316Deposits and refunds held by utilities 98.319U.S. savings bonds presumed abandoned; escheat proceedings 98.320[Repealed by 1957 c.670 §37] 98.322Unclaimed securities or distributions 98.324Digital assets; transfer; liquidation; rules 98.325Notices to owner of digital assets before abandonment presumed 98.326Property of business associations or financial institutions held in the course of dissolution 98.328Property held in safe deposit box 98.329Delivery of property before presumed abandoned; rules 98.330[Repealed by 1957 c.670 §37] 98.332Property held by fiduciaries 98.334Unpaid wages unclaimed by owner 98.336Wages or property held by government and public authorities 98.338Credit memo unclaimed by owner 98.340[Repealed by 1957 c.670 §37] 98.342Miscellaneous personal property held for another person 98.346Reciprocity for property presumed abandoned or escheated under the laws of another state 98.348Recovery of abandoned property by another state; form of claim; indemnification of this state 98.350[Repealed by 1957 c.670 §37] 98.352Report of abandoned property 98.353Information on filing report 98.354Records of ownership or issuance of instruments to be maintained 98.356Notice and publication of lists of unclaimed property; rules 98.360[Repealed by 1957 c.670 §37] 98.362Delivery of unclaimed securities or distributions 98.366Relief from liability by payment or delivery 98.370[Repealed by 1957 c.670 §37] 98.372Income accruing on unclaimed property after delivery to State Treasurer 98.376Periods of limitation not a bar 98.379Retention of abandoned military medals; transfer of custody; rules 98.380[Repealed by 1957 c.670 §37] 98.382Sale of unclaimed or escheated property; methods; rules 98.384Destruction or disposition of unclaimed or escheated property 98.386Deposit of funds 98.388[1969 c.594 §66; 1983 c.716 §17; 1993 c.694 §16; 2019 c.678 §21; repealed by 2021 c.424 §9] 98.389Unclaimed Property and Estates Fund; transfers from fund 98.390[Repealed by 1957 c.670 §37] 98.392Claiming unclaimed property; lawyer trust account funds; rules 98.396Determination of claim; payment; reimbursement 98.400[Repealed by 1957 c.670 §37] 98.402Hearing on claim; petition to compel action 98.406[1957 c.670 §24; 1983 c.716 §21; repealed by 1993 c.694 §39] 98.410[Repealed by 1957 c.670 §37] 98.412Verified report; examination of records; failure to maintain records 98.416Proceeding to compel delivery of unclaimed property; interest 98.418[1983 c.716 §40; repealed by 1985 c.336 §1] 98.420[Repealed by 1957 c.670 §37] 98.422Rules 98.424Agreements with other states; exchange of information; rules; Attorney General action in name of other state 98.426[1957 c.670 §§28,35; 1983 c.716 §25; repealed by 1993 c.694 §39] 98.430[Repealed by 1957 c.670 §37] 98.432Uniformity of interpretation 98.436Short title 98.440[Repealed by 1957 c.670 §37] 98.450Unordered goods presumed gifts 98.470Definitions for ORS 98.470 to 98.490 98.475Molder may take title to unclaimed mold 98.480Notice to customer; contents 98.485Duty to make mold unusable when title not taken 98.490Effect of written agreement between molder and customer 98.510[Repealed by 1969 c.354 §2] 98.515Unauthorized appropriation of shopping carts 98.520Notice of crime of unauthorized appropriation of shopping carts; recovery of abandoned shopping carts 98.610[Amended by 1991 c.331 §24; repealed by 1995 c.733 §74] 98.620[Repealed by 1995 c.733 §74] 98.630[Amended by 1957 c.459 §2; repealed by 1995 c.733 §74] 98.640Owner’s duty to remove trees, logs, poles or piling deposited on state highways 98.642Effect of failure to remove trees, logs, poles or piling 98.644ORS 98.640 and 98.642 inapplicable to certain trees, logs, poles or piling 98.650Owner’s duty to remove trees, logs, poles or piling deposited on county roads 98.652Effect of failure to remove trees, logs, poles or piling 98.654ORS 98.650 and 98.652 inapplicable to certain trees, logs, poles or piling and to certain county roads 98.710[Repealed by 1957 c.670 §37] 98.805Definitions for ORS 98.810 to 98.818, 98.830 and 98.840 98.810Unauthorized parking of vehicle on proscribed property prohibited 98.811Notice of parking violation; certificate of nonliability; dismissal of notice 98.812Towing of unlawfully parked vehicle; lien for towage, care and storage charges; notice requirements 98.814[1953 c.575 §4; 1965 c.343 §21; repealed by 1983 c.436 §15] 98.816[1953 c.575 §5; 1965 c.343 §22; repealed by 1983 c.436 §15] 98.818Preference of lien 98.820Towing vehicle from fuel dispensary premises; civil immunity; lien 98.830Towing abandoned vehicle from private property; civil immunity; lien 98.835[1995 c.758 §2; 2001 c.424 §2; 2007 c.538 §13; repealed by 2017 c.480 §3] 98.840Towing vehicle alternative to procedure in ORS 98.810 to 98.818 98.850Legislative findings and declaration 98.852Definitions for ORS 98.853 to 98.862 98.853Tower obligations prior to and during tow; release of vehicle 98.854Prohibitions placed on tower 98.856Tower responsibility of disclosure to owner or operator of vehicle 98.857Recovery of stolen vehicle; tower responsibility to notify owner 98.858Right of owner or person in lawful possession of vehicle to redeem or inspect vehicle, contact tower and obtain property of emergency nature 98.859Maximum rates for towing; process for complaints; exceptions 98.860Conditions for release of vehicle to insurance company undertaking to adjust claim; tower’s good-faith release of vehicle 98.861Licenses for towing; fees 98.862Exceptions to requirements of ORS 98.856 98.864[2007 c.538 §8; repealed by 2021 c.578 §14] 98.990[Repealed by 1957 c.670 §37] 98.991Penalties relating to unclaimed property 98.992Penalty for failure to report, pay or deliver property under ORS 98.302 to 98.436

Chapter 98 — Lost, Unclaimed or Abandoned Property; Vehicle Towing

ORS 98.338 Credit memo unclaimed by owner

(1)

A credit memo issued in the ordinary course of an issuer’s business which remains unclaimed by the owner for more than three years after becoming payable or distributable is presumed abandoned.

(2)

For a credit memo presumed abandoned under subsection (1) of this section, the amount presumed abandoned is the amount credited to the recipient of the memo.

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Provenance

Version history

2026-01-01

2025 Oregon Revised Statutes — official online source