Oregon § 98.311 Service charge on unclaimed property

Oregon Statutes

§ 98.311 — Service charge on unclaimed property

Oregon § 98.311

Vol.3

Title 10Property Rights and Transactions

Ch. 98Lost, Unclaimed or Abandoned Property; Vehicle Towing

This text of Oregon § 98.311 (Service charge on unclaimed property) is published on Counsel Stack Legal Research, covering Oregon primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Or. Rev. Stat. § 98.311 (2026).

Text

Notwithstanding the provisions in ORS 98.308, a holder may not deduct a service charge or fee or otherwise reduce an owner’s unclaimed account unless:

(1)There is a valid written contract between the holder and the owner that allows the holder to impose a charge;

(2)The service charge or fee is imposed uniformly on all accounts; and

(3)Three months’ written notice is given by first class mail to the last-known address of all owners before the charge or fee is levied.

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Notwithstanding the provisions in ORS 98.308, a holder may not deduct a service charge or fee or otherwise reduce an owner’s unclaimed account unless:
(1) There is a valid written contract between the holder and the owner that allows the holder to impose a charge;
(2) The service charge or fee is imposed uniformly on all accounts; and
(3) Three months’ written notice is given by first class mail to the last-known address of all owners before the charge or fee is levied.