Oregon Medical Group Management Association

2024 Oregon Unclaimed Property Holder Reporting Seminars

02/29/2024 8:59 AM | Mindy Zaubi (Administrator)

OFFERING FROM THE OREGON STATE TREASURY:

Did you know that businesses and other entities are required to report unclaimed property if they are unable to contact the owner? Common types of unclaimed property include uncashed checks, customer credits, inactive bank accounts, and unapplied deposits.

Oregon State Treasury administers the state‚Äôs unclaimed property law. Each year, we offer specialized seminars to help businesses learn about complying. 

This year we are offering 12 Holder Reporting Seminars. Visit https://www.oregon.gov/treasury/unclaimed-property/Pages/Holder-Education.aspx to register for the date and time that works best for you. 

Seminars are offered online and in person at Oregon State Treasury in Salem, Oregon. The content is identical at all sessions and includes:

  • Unclaimed Property overview
  • 2024 statute changes
  • Preparing your report: when, what, where and how
  • Common property types
  • Recommendations for maintaining and updating your potential unclaimed items
  • Internal control basics
  • Due diligence and owner contact
  • IRAs and similar retirement or special-purpose accounts
  • Abandoned safe deposit boxes
  • What to expect from an audit
  • Record keeping requirements
  • What to do if you get contacted or pay an owner after reporting

Each attendee receives informative course materials and handouts for each workshop.

Contact us! main@omgma.com | (678) 523-5915 | P.O. Box 1468, Sandpoint, ID 83864

Copyright 2024, Oregon Medical Group Management Association