A holder is any person or business entity who is in possession of property belonging to another. It is not real estate or abandoned personal property.
Positive contact means a telephone call or something in writing that bears the owner's signature.
Each year between October 1 and November 1, holders must report and pay or deliver to the Oregon Division of State Lands all property determined to be unclaimed for owners with a last known address in Oregon. If the owner's address is unknown, the report must go to the state where the holder is incorporated. Each Fall, the Division mails report forms to all holders in the database. Holders must keep their records of unclaimed property confidential beginning 12 months before the reporting period and for 24 months after reporting. The Division accepts disk reports.