Oregon Revised Statutes Chapter 178 § 178.355 — Withdrawals from accounts for higher education expenses; rules; report
Oregon Revised Statutes Chapter 178 ·
Oregon Code § 178.355·Enacted ·Last updated March 01, 2026
Statute Text
Withdrawals from accounts for higher education expenses; rules; report.
(1) Withdrawal from an account may
be made as prescribed by the rules adopted by the Oregon 529 Savings Board.
(2) A financial
institution shall report an account withdrawal during any calendar year to the
account owner and the federal Internal Revenue Service. The report shall be
made at the time and contain such information as required by law.
(3) This section
applies only to accounts established for qualified higher education expenses. [Formerly
348.870]
Plain English Explanation
This Oregon statute addresses Withdrawals from accounts for higher education expenses; rules; report. AI-powered analysis coming soon.
Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 178.355
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
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The formal citation is Oregon Code § 178.355. Use this format in legal documents and court filings.
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