Oregon — State Statute

Oregon Revised Statutes Chapter 293 § 293.220 — Interest on transferred moneys or credits

Oregon Revised Statutes Chapter 293 ·
Oregon Code § 293.220 · Enacted · Last updated March 01, 2026
Statute Text
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. [Formerly 291.408; 2003 c.16 §4]
Plain English Explanation
This Oregon statute addresses Interest on transferred moneys or credits. AI-powered analysis coming soon.
Key Points
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This section of Oregon law addresses Interest on transferred moneys or credits. 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 § 293.220. Use this format in legal documents and court filings.
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