Oregon — State Statute

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
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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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