Or. Admin. Code § 170-130-0020

Current through Register Vol. 63, No. 10, October 1, 2024

Section 170-130-0020 - Requirements for Filing a Petition

(1) To file a claim to recover US Savings bonds, a Claimant or Agent must file a claim under OAR 170-140-0140.

(2) To file a petition to recover Escheat Property under ORS 116.253, a Claimant or Agent must file a petition with the Treasurer within:

(a) Ten years after the death of the Decedent; or

(b) Eight years after the entry of a judgement or an order escheating the Property to the State.

(3) A Petition is filed on the date the Treasurer receives the petition.

(4) The Claimant or Agent may file the completed Petition and supporting documents by:

(a) Attaching the Petition and supporting documents attached to an email to claims@ost.state.or.us; or

(b) Mailing or delivering the Petition and supporting documents to the following address:

Oregon's Unclaimed Property Program

Oregon State Treasury

867 Hawthorne Ave SE

Salem, OR 97301-5241

(5) If a Personal Representative signs and files a Petition, a certified copy of the order appointing the Personal Representative must be included with the Petition.

(6) If an Agent signs and files a Petition, the Agent must include the original Power of Attorney or other written acknowledgement given by each Claimant authorizing the Agent to file the petition on the Claimant's behalf. The Claimant's signature on the Power of Attorney must be notarized.

(7) When a Licensed Finder is the Agent described in section (4) of this rule, the Licensed Finder must:

(a) Be licensed as an Investigator by the Department of Public Safety Standards and Training under ORS 703.430.

(b) Submit a copy of the current license with an initial Petition filed by the Licensed Finder as an Agent. Subsequent Petitions filed by the Licensed Finder must include the current license number on the Power of Attorney.

Or. Admin. Code § 170-130-0020

OST 2-2021, adopt filed 06/29/2021, effective 7/1/2021; OST 3-2022, minor correction filed 03/15/2022, effective 3/15/2022

Statutory/Other Authority: ORS 178.050

Statutes/Other Implemented: ORS 98.319 & ORS 116.235