Oregon Revised Statutes Chapter 98 § 98.372 — Income
Oregon Revised Statutes Chapter 98 ·
Oregon Code § 98.372·Enacted ·Last updated March 01, 2026
Statute Text
Income
accruing on unclaimed property after delivery to State Treasurer.
(1) The owner is not entitled to
receive income or other increments that have accrued on the property after the
property is sold by the State Treasurer under ORS 98.382.
(2) The State
Treasurer shall credit an owner with any distribution, as defined in ORS
98.322, or any other discrete income generated by the property, that accrues
between the date the property is paid or delivered to the State Treasurer and
the date the property is sold under ORS 98.382.
(3) Any
distribution or income received by the State Treasurer under subsection (2) of
this section may be deposited under ORS 98.386. The State Treasurer is not
obligated to reinvest any distribution or income into the corpus of the unsold
property. [1957 c.670 §17; 1983 c.716 §13; 1993 c.694 §11; 2019 c.678 §16; 2023
c.238 §6]
Plain English Explanation
This Oregon statute addresses Income
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 98.372
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Income
. Read the full statute text above for details.
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The formal citation is Oregon Code § 98.372. Use this format in legal documents and court filings.
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