Oregon § 273.108 Unclaimed Property School Fund; use by State Treasurer

Oregon Statutes

§ 273.108 — Unclaimed Property School Fund; use by State Treasurer

Oregon § 273.108

Vol.7

Title 25Public Lands

Ch. 273State Lands Generally

This text of Oregon § 273.108 (Unclaimed Property School Fund; use by State Treasurer) 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. § 273.108 (2026).

Text

(1)There is established the Unclaimed Property School Fund within the Common School Fund.

(2)The Unclaimed Property School Fund consists of:

(a)Moneys appropriated or transferred to the fund by the Legislative Assembly or by act of law; and

(b)Moneys transferred to the fund from the Unclaimed Property and Estates Fund under ORS 98.389.

(3)Moneys in the Unclaimed Property School Fund are continuously appropriated to the State Treasurer for the treasurer’s costs of administering the fund.

(4)The State Treasurer may transfer from the fund to the Unclaimed Property and Estates Fund amounts necessary to pay any unanticipated expenses payable from the Unclaimed Property and Estates Fund.

(5)Interest earned by the Unclaimed Property School Fund is credited to the fund. Before July 1 of eac

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(1) There is established the Unclaimed Property School Fund within the Common School Fund.
(2) The Unclaimed Property School Fund consists of:
(a) Moneys appropriated or transferred to the fund by the Legislative Assembly or by act of law; and
(b) Moneys transferred to the fund from the Unclaimed Property and Estates Fund under ORS 98.389.
(3) Moneys in the Unclaimed Property School Fund are continuously appropriated to the State Treasurer for the treasurer’s costs of administering the fund.
(4) The State Treasurer may transfer from the fund to the Unclaimed Property and Estates Fund amounts necessary to pay any unanticipated expenses payable from the Unclaimed Property and Estates Fund.
(5) Interest earned by the Unclaimed Property School Fund is credited to the fund. Before July 1 of each year, the State Treasurer, with the approval of the State Land Board, shall transfer any interest of the fund that exceeds the net liabilities of the fund to the Distributable Income Account of the Common School Fund under ORS 273.105.