Oregon Code § 576.440·Enacted ·Last updated March 01, 2026
Statute Text
Limitation on expenditures.
(1) Except as otherwise provided in subsection (2) of this section, an
expenditure of moneys for a fiscal year may not be made or incurred by or under
the authority of a commodity commission under ORS 576.051 to 576.455:
(a) In excess of
the total amount of expenditures estimated for the fiscal year in the budget
adopted for the fiscal year or in excess of the total amount of expenditures
estimated for the major group or category of the expenditure for the fiscal
year in the budget adopted for the fiscal year.
(b) For any
purpose different than that indicated by the major group or category of the
expenditure in the budget adopted for the fiscal year.
(2) An
expenditure of moneys for a fiscal year unforeseen at the time the budget is
prepared may not be made or incurred by or under the authority of the
commission under ORS 576.051 to 576.455 in excess of the amount of unforeseen
expenditures estimated as provided in ORS 576.416. [1959 c.596 §28; 2003 c.604 §47]
Plain English Explanation
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 576.440
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
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