ORS 98.316: Deposits and refunds held by utilities.
Edition: 2025 EditionEffective: 2026-01-01Last verified: 2026-09-07
The following funds held or owing by any utility are presumed abandoned if unclaimed by the apparent owner for more than one year after the date of termination of services or when the funds otherwise become payable or distributable: (1) A deposit made by a subscriber with a utility to secure payment, or a sum paid in advance for utility services, less any lawful deductions. (2) A sum received for utility services which a utility has been ordered to refund, together with any interest thereon and less any lawful deductions. [1957 c.670 §6; 1983 c.716 §2]
Administrative rules citing this section
- OAR 170-145-0005: Definitions — implements
- OAR 170-145-0005: Definitions — authority
- OAR 170-145-0010: Determining When Holders Must Report Property — implements
- OAR 170-145-0045: Records Maintenance, Retention, and Disclosure — implements
- OAR 170-145-0100: Voluntary Disclosure Program — implements
- OAR 170-145-0100: Voluntary Disclosure Program — authority
- OAR 860-036-1260: Refund of Deposits — implements
- OAR 860-037-0050: Refund of Wastewater Utility Deposits — implements
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Official source: https://www.oregonlegislature.gov/bills_laws/ors/ors098.html