Each state has laws to govern the unclaimed property collected, held and distributed, read on for how Oregon handles their unclaimed money and property.
Oregon currently holds $200 million in unclaimed property at the Department of State Lands. The money is held in the Common School Fund. This trust fund also receives the profits from economic activity on state-owned land. Interest earned on that fund goes to help K-12 schools.
The money and property is derived from a variety of sources, such as utility refunds, uncashed payroll checks, estates with no known heirs, stocks, unclaimed tax refunds and abandoned safe deposit boxes.
{"id":157,"date":"2006-03-29T13:20:29","date_gmt":"2006-03-29T18:20:29","guid":{"rendered":"http:\/\/www.cashunclaimed.com\/unclaimed-property-blog\/uncategorized\/how-oregon-handles-unclaimed-property"},"modified":"2006-03-29T13:20:59","modified_gmt":"2006-03-29T18:20:59","slug":"how-oregon-handles-unclaimed-property","status":"publish","type":"post","link":"https:\/\/www.cashunclaimed.com\/unclaimed-property-blog\/unclaimed-property\/how-oregon-handles-unclaimed-property","title":{"rendered":"How Oregon handles unclaimed property"},"content":{"rendered":"\n\n\t<\/p>
Each state has laws to govern the unclaimed property collected, held and distributed, read on for how Oregon handles their unclaimed money and property.<\/p>\n\n\t
<\/p>
Oregon currently holds $200 million in unclaimed property at the Department of State Lands. The money is held in the Common School Fund. This trust fund also receives the profits from economic activity on state-owned land. Interest earned on that fund goes to help K-12 schools. <\/p>\n\n\t
<\/p>
The money and property is derived from a variety of sources, such as utility refunds, uncashed payroll checks, estates with no known heirs, stocks, unclaimed tax refunds and abandoned safe deposit boxes.<\/p>\n\n