Oregon Revised Statutes Chapter 271 § 271.320 — Exchange of trust fund assets
Oregon Revised Statutes Chapter 271 ·
Oregon Code § 271.320·Enacted ·Last updated March 01, 2026
Statute Text
Exchange of trust fund assets.
If any property owned by a political subdivision is held as an asset of any
special trust fund securing the payment of bonds, it may be exchanged, under
the authority granted in ORS 271.310, for other property of equal or superior
value, and property so received in exchange shall be an asset of the fund in
lieu of the property previously held. [Amended by 1981 c.787 §28]
Plain English Explanation
This Oregon statute addresses Exchange of trust fund assets. AI-powered analysis coming soon.
Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 271.320
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Exchange of trust fund assets. Read the full statute text above for details.
This page reflects the current text as of our last update. Always verify with the official Oregon legislature website for the most current version.
The formal citation is Oregon Code § 271.320. Use this format in legal documents and court filings.
Browse related sections using the links below, or search all Oregon statutes on FlawFinder.