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June 10, 2013
 
For immediate release
 
More information:     Carolyn Harris – 503-986-5290; carolyn.harris@state.or.us
      Julie Curtis – 503-986-5298; julie.curtis@state.or.us
                                   
 

Business seminars to explain unclaimed property reporting

 Free training features step-by-step instructions for filing
 
Springfield – Local businesses and organizations are invited to learn more about reporting unclaimed property to the state at half-day seminars scheduled in Springfield this spring and summer. The sessions are free, but preregistration is required.
 
The seminar will be held: 
June 26
8:30 am – Noon and 1:30 – 5:00 pm
Springfield Public Library
225 Fifth Street
Get more information and register online: http://www.oregon.gov/dsl/UP/Pages/index.aspx, or call seminar coordinator Carolyn Harris: 503-986-5290. 

Unclaimed property is lost financial assets such as uncashed payroll checks and abandoned financial accounts that a business or organization holds for an unreachable party.  
 
State law requires all businesses and organizations to remit unclaimed property to the Department of State Lands, which houses the state’s unclaimed property program. All unclaimed funds are held in trust forever for the rightful owner in the Common School Fund, a trust fund whose earnings are sent twice yearly to Oregon’s 197 public school districts. 
 
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For calendars of events or announcements:
 
Unclaimed Property Reporting Seminars: To help businesses and organizations file unclaimed property reports, the Department of State Lands will present half-day seminars on June 26 at the Springfield Public Library, 225 Fifth Street. The free seminars are from 8:30 a.m. to 12:00 p.m. and 1:30 – 5:00 p.m.
 
Preregistration required: http://www.oregon.gov/dsl/UP/Pages/upseminars_schedule.aspx or call 503-986-5290. Participants will receive step-by-step instructions for filing and other resources.