Oregon — State Statute

Oregon Revised Statutes Chapter 328 § 328.170 — Directors as fund commissioners

Oregon Revised Statutes Chapter 328 ·
Oregon Code § 328.170 · Enacted · Last updated March 01, 2026
Statute Text
Directors as fund commissioners. The directors of School District No. 1 of Klamath County are appointed as a board of common school fund commissioners for the district to approve all applications for loans as to title and value of the security offered. The security shall be real property in Klamath County of at least double the value of the loan. The clerk of the district shall make no loan or release any security without prior board approval.
Plain English Explanation
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This section of Oregon law addresses Directors as fund commissioners. 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 § 328.170. Use this format in legal documents and court filings.
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