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Can you summarize ORRS Chapter 98?
Property Rights and Transactions - Chapters 90-105 > Lost, Unclaimed or Abandoned Property; Vehicle Towing
Short Summary
This legal document, found in the Oregon Revised Statutes, specifically addresses the rights and duties of individuals who find money or goods valued at $250 or more when the owner is unknown. According to the document, the finder must give written notice of the finding to the county clerk within 10 days and publish a notice in a newspaper of general circulation in the county for two consecutive weeks. The notice should include a general description of the money or goods found, the finder’s name and address, and the final date before which the goods may be claimed. If no one establishes ownership within three months of the notice, the finder becomes the owner of the money or goods. There are no mentioned exemptions or penalties in this document.
Whom does it apply to?
Individuals who find money or goods valued at $250 or more when the owner is unknown
What does it govern?
Lost, Unclaimed or Abandoned Property; Vehicle Towing
What are exemptions?
No exemptions are mentioned in this document
What are the Penalties?
If any person who finds money or goods valued at $250 or more fails to comply with ORS 98.005, the person shall be liable, upon conviction for violation of ORS 164.065, to the county for the money or goods or the full value of the money or goods
Jurisdiction
Oregon