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Code · Oregon · ORS Chapter 63 · Limited Liability Companies · Dissolution

63.674 Deposit with State Treasurer

129 words·~1 min read·/or/ors-chapter-63/limited-liability-companies/dissolution/63-674·

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63.674 Deposit with State Treasurer. Assets of a dissolved limited liability company that should be distributed to a creditor, claimant or member of the limited liability company who cannot be found or who is not competent to receive them shall be reduced to cash and, within six months after the final distribution of such liquidation or winding up is payable, deposited with the State Treasurer as unclaimed property under ORS 98.352. The receiver or other liquidating agent shall prepare in duplicate and under oath a statement containing the names and last-known addresses of the persons entitled to such funds.
One of the statements shall be filed with the State Treasurer and another shall be delivered to the office for filing. [1993 c.173 §69; 2019 c.678 §49; 2021 c.424 §26]
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