Or. Admin. R. 416-260-0070 - Unclaimed Special Account Balances
(1) OYA must identify special account
balances which are unclaimed and abandoned two years from the date OYA's
custody terminated, in accordance with the Uniform Disposition of Unclaimed
Property Act.
(2) OYA must
diligently attempt to locate youth in custody who have special account balances
of at least $100.
(a) OYA must, at a minimum,
send a letter to the youth in custody's last known address stating there is a
trust account balance with OYA and the youth in custody has 30 days from the
date of the notice to claim the account.
(b) If the notice is returned because the
youth in custody moved without a forwarding address, or the 30 days elapses
without a response, OYA must forward the special account balance to the
Division of State Lands in accordance with that agency's administrative
rules.
(3) OYA must
forward special accounts with balances less than $100 to the Division of State
Lands in accordance with that agency's administrative rules.
Notes
Statutory/Other Authority: ORS 420A.025
Statutes/Other Implemented: ORS 420A.030, 420A.032 & 420A.035
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