Oregon Code § 98.386·Enacted ·Last updated March 01, 2026
Statute Text
Deposit
of funds.
(1)
Except as provided in subsection (2) of this section, all funds received under
ORS 98.302 to 98.436 and 98.992, including the proceeds from the sale of
unclaimed property under ORS 98.382, shall be deposited by the State Treasurer
in the Unclaimed Property and Estates Fund. Before making the deposit, the
State Treasurer shall record the name and last-known address of each person
appearing from the holders reports to be entitled to the unclaimed property
and the name and last-known address of each insured person or annuitant, and
with respect to each policy or contract listed in the report of a life
insurance corporation, its number, the name of the corporation, and the amount
due.
(2) Any amounts
identified as lawyer trust account funds in the report required by ORS 98.352
shall be paid or delivered by the holder to the Oregon State Bar along with a
copy of the report. All amounts paid or delivered to the Oregon State Bar under
this section are continuously appropriated to the Oregon State Bar and may be
used only for the funding of legal services provided through the Legal Services
Program established under ORS 9.572, the payment of claims allowed under ORS
Plain English Explanation
This Oregon statute addresses Deposit
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 98.386
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Deposit
. Read the full statute text above for details.
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The formal citation is Oregon Code § 98.386. Use this format in legal documents and court filings.
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