OAR 413-310-0500: Clearing a Trust Account
Edition: Current OARD snapshotEffective: 2024-01-01Last verified: 2026-09-07
(1) When a child or young adult whose custody from the Department is terminated, the funds available in the Trust Account must be disbursed and the account is inactivated. (2) Maintenance Account. Where there is any balance in the Maintenance Account, the Department must determine whether the balance represents money received while the child or young adult was in care and whether it should have been used to offset the cost of care. (3) If a child or young adult has had interim financial accountings prepared, the closing financial accounting will only have to cover the period not covered by the interim accountings. (4) A child or young adult may request further explanation of application and the final accounting by notifying the Children’s Benefit Unit.
Official history and status
Statutory/Other Authority: ORS 416.820, ORS 418.032, ORS 419B.400 - 419B.406 & ORS 409.050
Statutes/Other Implemented: ORS 416.820, ORS 418.032 & ORS 419B.400 - 419B.406
History: CWP 92-2023, amend filed 12/22/2023, effective 01/01/2024 CWP 6-2022, amend filed 03/28/2022, effective 04/01/2022 CWP 22-2021, temporary amend filed 10/04/2021, effective 10/04/2021 through 04/01/2022 SCF 6-1995, f. 12-22-95, cert. ef. 12-29-95
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Official source: https://secure.sos.state.or.us/oard/