2011 Oregon Revised Statutes
ORS Volume 3, Chapters 90 - 130
ORS Chapter 98
98.416 Proceeding to compel delivery of unclaimed property; interest.


OR Rev Stat § 98.416 (through Leg Sess 2011) What's This?

(1) If any person refuses to deliver property to the Department of State Lands as required under ORS 98.352, the department may bring a suit or action in a court of appropriate jurisdiction to enforce delivery of the property.

(2) The department may require a person who fails to pay or deliver property within the time prescribed by ORS 98.302 to 98.436 and 98.992 to pay interest from the date the department determines interest should have been paid. Interest shall be paid at the rate set by the Director of the Department of Revenue pursuant to ORS 305.220 (1) and (3). [1957 c.670 26; 1983 c.716 23; 1993 c.694 26; 2003 c.272 7]

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