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UNCLAIMED PROPERTY REPORTING SEMINARS

(2014 Seminars CLOSED)

Did you know that all organizations are required to report unclaimed property if they are unable to contact the owner? Common types of unclaimed property include uncashed checks, customer credits, inactive bank accounts, and unapplied deposits.  
 
The Oregon Department of State Lands administers the state's unclaimed property law, and is offering specialized seminars this summer to help businesses learn about complying. 

Seminars are being offered at a variety of locations around the state on the following topics:
  • Unclaimed Property overview
  • Preparing your report- when, what, where, and how
    • Electronic filing
    • Completing forms
  • Common property types
  • Recommendations for maintaining and updating your potential unclaimed items
  • Internal control basics
  • Due diligence and owner contact
  • IRAs and similar retirement or special-purpose accounts
  • Abandoned safe deposit boxes
  • What to expect from an audit
  • Record keeping requirements
  • What to do if you get contacted or pay an owner after reporting
 
Each attendee receives informative course materials and handouts for each workshop.
 
Click here for registration details, or email holder@state.or.us for more information.                 
 
You must pre-register for the seminars; the seminars are FREE this year.