Oregon Code § 273.105·Enacted ·Last updated March 01, 2026
Statute Text
Distributable Income Account.
(1) The Distributable Income Account is established within the Common School
Fund. The Department of State Lands shall administer this account in accordance
with Article VIII, section 4, Oregon Constitution, and applicable laws.
(2) The following
moneys in the Common School Fund shall be credited to the Distributable Income
Account:
(a) Moneys
determined by the State Land Board to be available for apportionment according
to ORS 327.410, after payment of the expenses of the State Land Board
authorized to be paid under Article VIII, section 2 (2), of the Oregon
Constitution.
(b) Other moneys
received by the Department of State Lands that are required by law to be
credited to the Distributable Income Account.
(3) All other
moneys received by the Department of State Lands shall be credited to the
Common School Fund.
(4) The moneys in
the Distributable Income Account are appropriated continuously for
apportionment according to ORS 327.410. [1967 c.421 §21; 1969 c.338 §1; 1969
c.601 §29; 1977 c.344 §1; 1987 c.760 §2; 1991 c.348 §1; 1995 c.205 §1; 2003
c.253 §16; 2005 c.296 §1; 2013 c.358 §1]
Plain English Explanation
This Oregon statute addresses Distributable Income Account. AI-powered analysis coming soon.
Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 273.105
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
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