ORS § 327.445

Current through 2024 Regular Session legislation effective April 17, 2024
Section 327.445 - Custody of securities for loan; collection of interest

The Department of State Lands shall have custody of all notes, bonds and other securities covering secured loans made by it from any fund. The department shall take proper measures for the prompt collection of interest due on all loans from any such fund and place it to the credit of the fund from which the loan was made, to be paid out as provided by law.

ORS 327.445

Amended by 1965 c.532 §8