Current through 2024 Regular Session legislation effective June 6, 2024
Section 113.242 - Authority of estate administrator(1) An estate administrator of the State Treasurer appointed under ORS 113.235 may take custody of the property of a decedent who died owning property subject to probate in Oregon upon the State Treasurer receiving notice that: (a) The decedent died wholly intestate and without a known heir as described in ORS 113.238(3); or(b) The decedent left a valid will, but no devisee has been identified and found.(2) For any estate described in subsection (1) of this section, an estate administrator of the State Treasurer appointed under ORS 113.235 may:(a) Incur expenses for the funeral of the decedent in a manner suitable to the condition in life of the decedent;(b) Incur expenses for the protection of the property of the estate;(c) Incur expenses searching for a will or for heirs or devisees of the decedent;(d) Have access to the property and records of the decedent other than records that are made confidential or privileged by statute;(e) With proof of the death of the decedent, have access to all financial records of accounts or safe deposit boxes of the decedent at banks or other financial institutions; and(f) Sell perishable property of the estate.(3) The reasonable funeral and administrative expenses of the State Treasurer incurred under this section, including a reasonable attorney fee, shall be paid from the assets of the estate with the same priority as funeral and administration expenses under ORS 115.125.Amended by 2019 Ch. 678,§ 38, eff. 9/29/2019, op. 7/1/2021.Amended by 2017 Ch. 169,§ 51, eff. 1/1/2018.Amended by 2016 Ch. 42,§ 21, eff. 3/14/2016, op. 1/1/2017.