(1) Any person who would be entitled to withdraw a deposit under ORS 708A.430 may claim the deposit and receive dividends thereon, or if claim has been made it may be amended after the death of the claimant so that future dividends are paid to the person entitled thereto under ORS 708A.430.
(2) If any claim is more than $500, dividends may be paid to the person entitled thereto, as provided in ORS 708A.430, if the Director of the Department of Consumer and Business Services is satisfied that the total dividends to be paid after the death of the claimant are less than $100.
(3) The director is under no obligation to determine the relationship of the affiants to the deceased depositor and the payment of dividends made in good faith to parties making the affidavit shall be a release of the director for the amount of the dividends so paid. [1973 c.797 §284; 1997 c.631 §251a]
Section: Previous 711.555 711.560 711.565 711.567 711.570 711.572 711.575 711.577 711.580 711.582 711.585 711.590 711.595 711.600 711.605 NextLast modified: August 7, 2008