For immediate release 13-13
Business seminars to explain unclaimed property reporting
Free training features step-by-step instructions for filing
Pendleton – Local businesses and organizations are invited to learn more about reporting unclaimed property to the state at a half-day seminar scheduled in Pendleton. The session is free, but preregistration is required.
The seminar will be held:
8:30 am – Noon
Umatilla County Courthouse
216 SE Fourth Street
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.
For calendars of events or announcements:
Unclaimed Property Reporting Seminar: To help businesses and organizations file unclaimed property reports, the Department of State Lands will present a half-day seminar on July 17 at the Umatilla County Courthouse, 216 SE Fourth Street, in Pendleton. The free seminar is from 8:30 a.m. to Noon.