1. (1) Unless waived, a Claimant must pay outstanding rental fees owed to a financial institution when the contents of a safe deposit box were delivered the Treasurer as abandoned or Unclaimed Property before the Treasurer will release the contents or proceeds from the contents to the Claimant.

2. (2) When the contents of a safe deposit box were delivered to the Treasurer within the five years preceding the Claim, the Claimant must provide proof that the fees under section (1) were paid or waived. Proof may include, but is not limited to:

   1. (a) Safe deposit box rental receipt;
   2. (b) A waiver of the rental fee issued by the financial institution; or
   3. (c) If the proof required under subsection (a) or (b) of this rule is not available, the Claimant may submit testimonial evidence, including an affidavit.

Statutory/Other Authority

ORS 98.422 & ORS 178.050

Statutes/Other Implemented

ORS 98.328

History

OST 2-2021, adopt filed 06/29/2021, effective 07/01/2021