Oregon Statutes
§ 328.165 — Investment and loan of fund and rental of lands; disbursement of interest and rents
Oregon § 328.165
This text of Oregon § 328.165 (Investment and loan of fund and rental of lands; disbursement of interest and rents) 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. § 328.165 (2026).
Text
(1)The board of common school fund commissioners for Klamath County School District No. 1 may invest all or part of the fund in bonds of the United States of America. With regard to any funds not so invested, the district clerk shall loan the fund in the manner provided by law at no less than four percent per annum and rent all lands owned by the district belonging to the fund.
(2)The interest accruing from such investments and loans and the rent of said lands, shall be placed by the clerk with other school district moneys and be distributed by the clerk with such other moneys in the manner provided by law and the order of the directors or trustees of the district.
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Nearby Sections
15
§ 328.001
Definitions for chapter§ 328.005
County school fund; uses§ 328.010
§ 328.010§ 328.015
Apportionment to districts§ 328.020
§ 328.020§ 328.025
§ 328.025§ 328.030
Partial apportionments§ 328.035
§ 328.035§ 328.105
Sources; use of interest§ 328.110
Custodian of fundCite This Page — Counsel Stack
Bluebook (online)
Oregon § 328.165, Counsel Stack Legal Research, https://law.counselstack.com/statute/or/328.165.