Oregon — State Statute

Oregon Revised Statutes Chapter 65 § 65.674 — Deposit

Oregon Revised Statutes Chapter 65 ·
Oregon Code § 65.674 · Enacted · Last updated March 01, 2026
Statute Text
Deposit with State Treasurer. Assets of a dissolved corporation that should be transferred to a creditor, claimant or member of the corporation who cannot be found or who is not competent to receive them shall be reduced to cash unless they are subject to known trust restrictions and deposited with the State Treasurer as unclaimed property under ORS 98.352. However, in the discretion of the State Treasurer, property of unusual historic or aesthetic interest may be received and held in kind. The receiver or other liquidating agent shall prepare in duplicate and under oath a statement containing the names and last-known addresses of the persons entitled to such funds. One of the statements shall be filed with the State Treasurer and another shall be delivered to the Secretary of State for filing. [1989 c.1010 §146; 2019 c.678 §50; 2021 c.424 §27] FOREIGN CORPORATIONS (Authority to Transact Business)
Plain English Explanation
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This section of Oregon law addresses Deposit . Read the full statute text above for details.
This page reflects the current text as of our last update. Always verify with the official Oregon legislature website for the most current version.
The formal citation is Oregon Code § 65.674. Use this format in legal documents and court filings.
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