Oregon § 327.482 Appropriation to reimburse fund for earnings failure

Oregon Statutes

§ 327.482 — Appropriation to reimburse fund for earnings failure

Oregon § 327.482

Vol.9

Title 30Education and Culture

Ch. 327State Financing of Early Learning and Elementary and Secondary Education

This text of Oregon § 327.482 (Appropriation to reimburse fund for earnings failure) 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. § 327.482 (2026).

Text

Out of the moneys in the General Fund, there is continuously appropriated such sums as are necessary but not to exceed $100,000 in total to reimburse the Common School Fund for any amount that may result from the failure of loans to earn at least four percent interest. The computation required to determine the interest earned on the loans shall be made annually, and the amount required to reimburse the fund shall be paid annually.

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Out of the moneys in the General Fund, there is continuously appropriated such sums as are necessary but not to exceed $100,000 in total to reimburse the Common School Fund for any amount that may result from the failure of loans to earn at least four percent interest. The computation required to determine the interest earned on the loans shall be made annually, and the amount required to reimburse the fund shall be paid annually.