Oregon Code § 526.675·Enacted ·Last updated March 01, 2026
Statute Text
Oregon
Forest Resources Institute Fund; use of moneys; rules.
(1) The Oregon Forest Resources
Institute Fund is created in the State Treasury, separate and distinct from the
General Fund. Except as otherwise provided by law, all moneys received by the
Oregon Forest Resources Institute shall be paid into the State Treasury and
credited to the fund. All moneys in the fund are appropriated continuously to
the institute to carry out its duties, functions and powers. Interest earnings
on all moneys in the fund shall be retained in the fund.
(2) The board of
directors of the institute may repay moneys from the fund to persons who paid a
privilege tax levied under ORS 321.017. The board may repay the amount of tax
paid upon application by the person who paid the tax. The board shall adopt rules
necessary for the implementation of this subsection. Rules adopted by the board
shall include standards for the repayment of moneys and limits on the amount
that may be requested. [1991 c.949 §20; 2003 c.423 §6]
Plain English Explanation
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 526.675
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
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