Oregon Revised Statutes Chapter 461 § 461.520 — Establishment of checking accounts and petty cash fund
Oregon Revised Statutes Chapter 461 ·
Oregon Code § 461.520·Enacted ·Last updated March 01, 2026
Statute Text
Establishment of checking accounts and petty cash fund.
(1) The Director of the Oregon
State Lottery is authorized to establish in the State Treasury checking
accounts as may be required to disburse by check the payment of any
disbursement authorized by ORS 461.510 (2) from the State Lottery Fund as well
as any transfer to the State Lottery Fund as may be required.
(2)
Notwithstanding the provisions of ORS 461.510 (1), the director is authorized
to direct the deposit of any and all moneys payable to the commission to the
credit of any checking account in the State Treasury created for processing
State Lottery Fund moneys.
(3) The
commission is authorized to establish a petty cash fund in an amount not to
exceed $1,000 from any funds made available to the commission. The petty cash
fund shall operate in accordance with the procedures defined in ORS 293.180. [1985
c.302 §7(6)]
Plain English Explanation
This Oregon statute addresses Establishment of checking accounts and petty cash fund. AI-powered analysis coming soon.
Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 461.520
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Establishment of checking accounts and petty cash fund. Read the full statute text above for details.
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The formal citation is Oregon Code § 461.520. Use this format in legal documents and court filings.
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