Oregon § 244.221 Disposition of moneys in terminated fund; distribution of award of attorney fees, costs or money judgment

Oregon Statutes

§ 244.221 — Disposition of moneys in terminated fund; distribution of award of attorney fees, costs or money judgment

Oregon § 244.221

Vol.6

Title 22Public Officers and Employees

Ch. 244Government Ethics

This text of Oregon § 244.221 (Disposition of moneys in terminated fund; distribution of award of attorney fees, costs or money judgment) is published on Counsel Stack Legal Research, covering Oregon primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Or. Rev. Stat. § 244.221 (2026).

Text

(1)Not later than 30 days after a legal expense trust fund is terminated, the trustee of the fund shall return any moneys remaining in the fund to contributors to the fund on a pro rata basis.

(2)If the legal proceeding for which the trust fund was established results in an award of attorney fees, costs or any other money judgment award to or in favor of the public official, amounts awarded shall be distributed in the following order:

(a)To pay outstanding legal expenses;

(b)To contributors to the trust fund on a pro rata basis; and

(c)To the public official or, if required by the trust agreement, to an organization exempt from taxation under section 501(c)(3) of the Internal Revenue Code.

Free access — add to your briefcase to read the full text and ask questions with AI

(1) Not later than 30 days after a legal expense trust fund is terminated, the trustee of the fund shall return any moneys remaining in the fund to contributors to the fund on a pro rata basis.
(2) If the legal proceeding for which the trust fund was established results in an award of attorney fees, costs or any other money judgment award to or in favor of the public official, amounts awarded shall be distributed in the following order:
(a) To pay outstanding legal expenses;
(b) To contributors to the trust fund on a pro rata basis; and
(c) To the public official or, if required by the trust agreement, to an organization exempt from taxation under section 501(c)(3) of the Internal Revenue Code.