Oregon Code § 462.260·Enacted ·Last updated March 01, 2026
Statute Text
Oregon
Racing Commission Account; office, records and annual report of commission.
(1) All money payable to the
Oregon Racing Commission shall be deposited in the General Fund in the State
Treasury to the credit of the Oregon Racing Commission Account. This account is
appropriated continuously to the commission for the purposes authorized by law.
(2) The
commission may maintain an office and shall keep detailed records of all
meetings and of all business transacted, and of all the collections and
disbursements, reports of which shall be embodied in an annual report which the
commission shall prepare, publish and submit to the Governor and members of the
legislature on or before January 31 of each calendar year. This report shall
cover the activities of the commission for the preceding fiscal year.
(3) After payment
of all current expenses of the commission, the amount remaining in the account
shall be credited to the General Fund for general governmental expenses. [Amended
by 1961 c.488 §2; 1975 c.549 §14; 1981 c.544 §14; 1993 c.682 §4]
Plain English Explanation
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 462.260
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
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