Oregon — State Statute

Oregon Revised Statutes Chapter 407 § 407.525 — Transfer of sinking account moneys to veterans’ fund; retransfer

Oregon Revised Statutes Chapter 407 ·
Oregon Code § 407.525 · Enacted · Last updated March 01, 2026
Statute Text
Transfer of sinking account moneys to veterans’ fund; retransfer. The Department of Veterans’ Affairs may transfer moneys in the sinking account, except those derived from tax levies and those received from the sale of refunding bonds, to the Oregon War Veterans’ Fund for the home and farm loan purposes of the Oregon War Veterans’ Fund or pay the moneys directly from the sinking fund for the home and farm loan purposes of the Oregon War Veterans’ Fund. When sufficient moneys are available in the Oregon War Veterans’ Fund, the department may transfer back to the sinking account an amount not exceeding the total transferred from the sinking account to the Oregon War Veterans’ Fund or paid directly from the sinking fund for the home and farm loan purposes of the Oregon War Veterans’ Fund. [Formerly 407.180; 1987 c.652 §14; 2005 c.625 §51; 2007 c.783 §184]
Plain English Explanation
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This section of Oregon law addresses Transfer of sinking account moneys to veterans’ fund; retransfer. 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 § 407.525. Use this format in legal documents and court filings.
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