Oregon Statutes 652.405 – Disposition of wages collected by commissioner when payment cannot be made to person entitled thereto
(1) The Commissioner of the Bureau of Labor and Industries shall attempt for a period of not less than three years to make payment of wages collected under ORS § 652.310 to 652.414 to the person entitled thereto.
Terms Used In Oregon Statutes 652.405
- Person: includes individuals, corporations, associations, firms, partnerships, limited liability companies and joint stock companies. See Oregon Statutes 174.100
(2) By July 30 of each year, the commissioner shall pay wages collected by the commissioner under ORS § 652.310 to 652.414 and remaining unclaimed for a period of more than three years from the date of collection to the State Treasurer as unclaimed property under ORS § 98.352 or, by October 1 of each year, transfer the wages to the State Treasurer under ORS § 293.455. The State Treasurer shall issue a receipt for the money to the commissioner. [1957 c.465 § 15; 2011 c.348 § 3; 2019 c.678 § 67; 2021 c.424 § 28]
(Wage Security Fund)