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Current as of January 01, 2023 | Updated by Findlaw Staff
Notwithstanding the provisions in ORS 98.308, a holder may not deduct a service charge or fee or otherwise reduce an owner's unclaimed account unless:
(1) There is a valid written contract between the holder and the owner that allows the holder to impose a charge;
(2) The service charge or fee is imposed uniformly on all accounts; and
(3) Three months' written notice is given by first class mail to the last-known address of all owners before the charge or fee is levied.
Cite this article: FindLaw.com - Oregon Revised Statutes Property Rights and Transactions § 98.311 - last updated January 01, 2023 | https://codes.findlaw.com/or/title-10-property-rights-and-transactions/or-rev-st-sect-98-311/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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