OAR 141-045-0115
Requirements of the Department of State Lands to Locate Owners
(1)
Within one year after receipt of reports, payment, and delivery of accounts as required by OAR 141-045-0100 (Report and Delivery of Unclaimed Property to Department), the Department shall provide public notice that the names of Owners of unclaimed property have been added to the Department’s unclaimed property Website by publishing notice at least twice in a newspaper or other generally circulated periodical published in this state.(2) The Department also shall make reasonable efforts to locate the Owners of unclaimed property reported and received by the Department. The Department’s efforts shall include, but need not be limited to the following:
(a) Contracted services with established firms, credit bureaus, telephone networking companies; or
(b) Interagency agreements with other governmental agencies, such as Social Security Administration, Insurance Commission, Motor Vehicles Division, Corporation Commission; or
(c) Use of the internet, reverse directories, telephone books, or other such publications.
(3) Within one year after receipt of safekeeping contents, the Department shall make public a pictorial record of Military Medals received in Safekeeping Depositories. The record will include any information from the Holder that the department determines is necessary to facilitate the identification and location of a Service Member or a Descendant of a deceased Service Member. All confidential information will be excluded from the record.
(4) Within one year after the receipt of safekeeping contents, the Department shall make reasonable efforts to locate the Owners of U.S. Savings Bonds held in the protective custody and possession of the administrator. The Department’s efforts shall include, but need not be limited to the following:
(a) Each Person listed on the face of the U.S. Savings Bonds, each apparent Owner of the U.S. Savings Bonds and each Person otherwise appearing to be an Owner of the U.S. Savings Bonds will be contacted at the Last-known Address of the Person; and
(b) Notice of the U.S. Savings Bonds shall be published in the discretion of the administrator in a manner that is most likely to attract the attention of all Persons having a legal or beneficial interest in the U.S. Savings Bonds.
(A) Publishing efforts may include, but need not be limited to the following;
(i) Publishing notice in a newspaper or other generally circulated periodical published in this state; and
(ii) Providing public notice that the names have been added to a public Website listing the U.S. Savings Bonds; and
(iii) Publishing notice on social media such as Facebook, Twitter, Instagram, or any other currently relevant social media platform in use at the time of publication;
(B)The notice must contain the following information:
(i) The name of each Person listed on the face of the U. S. Savings Bonds, each apparent Owner of the U.S. Savings Bonds and each Person otherwise appearing to be an Owner of the U.S. Savings Bonds;
(ii) The Last-known Address or location of each Person described in subsection (4)(a) of this section;
(iii) A statement explaining that the U.S. Savings Bonds are presumed to be abandoned and have been taken into the protective custody and possession of the administrator;
(iv) A statement that the information about the U.S. Savings Bonds can be obtained upon inquiry to the administrator at any time by any Person having a legal or beneficial interest in the bonds;
(v) A statement that a claim for the U.S. Savings Bonds may be made under ORS 98.392 (Claim for unclaimed property reported to Department of State Lands);
(vi) A description of the escheat proceedings under this section; and
(vii) Any other information the administrator considers appropriate or necessary to locate all Persons having a legal or beneficial interest in the U.S savings bonds such as the safekeeping repository Owner’s name and the location of the safekeeping repository.
Source:
Rule 141-045-0115 — Requirements of the Department of State Lands to Locate Owners, https://secure.sos.state.or.us/oard/view.action?ruleNumber=141-045-0115.