ORS § 293.220

Current through 2024 Regular Session legislation effective April 17, 2024
Section 293.220 - Interest on transferred moneys or credits

All moneys or credits transferred under ORS 293.210 or 293.214 shall bear interest, until retransferred, at such rate not less than two percent per annum as shall be agreed upon between the State Treasurer and the officer, state department, commission, or board in charge of the borrowing fund. The interest shall be payable from the borrowing fund and shall be credited to and become part of the lending fund.

ORS 293.220

Formerly 291.408; 2003 c. 16, § 4