(2) 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 shall, by July 30 of each year, be forfeited to the state and shall be paid by the commissioner to the Department of State Lands for the benefit of the Common School Fund of this state. The department shall issue a receipt for the money to the commissioner. The person entitled to the wages or the person’s heirs or personal representatives may reclaim the wages paid into the Common School Fund pursuant to this section within the time and in the manner provided for estates which have escheated to the state. [1957 c.465 §15; 2011 c.348 §3]

Note: The amendments to 652.405 by section 67, chapter 678, Oregon Laws 2019, become operative July 1, 2021. See section 85, chapter 678, Oregon Laws 2019. The text that is operative on and after July 1, 2021, is set forth for the user’s convenience. (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.

(2) By July 30 of each year, 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 shall escheat to the state and the commissioner shall pay those wages to the State Treasurer for the benefit of the Common School Fund. The State Treasurer shall issue a receipt for the money to the commissioner. No later than 10 years after the State Treasurer receives the escheated funds, a person entitled to claim the wages may file a claim with the State Treasurer in the manner provided by ORS 116.253.