Oregon Code § 408.090·Enacted ·Last updated March 01, 2026
Statute Text
Handling of donations.
(1) The Director of Veterans Affairs, acting on behalf of the State of Oregon,
is authorized to accept any donation, gift, grant, bequest or devise made in
furtherance of the purposes of ORS 408.010 to 408.090 and 408.115. A donation,
gift, grant, bequest or devise that is made in cash or its equivalent or
reduced thereto, shall be promptly paid by the director to the State Treasurer,
who shall credit the amount so received to the Veterans Educational Aid
Account in the General Fund. The director shall make such disposition of
donations, gifts, grants, bequests or devises, not made in cash or its
equivalent, as is specified by the donor thereof, and their earnings and
proceeds shall inure to said account. All such donations, gifts, grants,
bequests or devises accepted by the director are transfers exempt from taxes
imposed on inheritances under the laws of this state.
(2) All moneys in
the Veterans Educational Aid Account are continuously appropriated to the
director and may be used by the director for the purposes authorized in ORS
Plain English Explanation
This Oregon statute addresses Handling of donations. AI-powered analysis coming soon.
Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 408.090
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Handling of donations. Read the full statute text above for details.
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