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2011 Oregon Revised Statutes
ORS Volume 13, Chapters 536 - 644
ORS Chapter 548
548.015 Board of directors to transfer unnecessary funds.


OR Rev Stat § 548.015 (through Leg Sess 2011) What's This?

When the necessity for maintaining any fund of an irrigation or drainage district has ceased to exist and a balance remains in the fund, the governing board of the district shall so declare by proper resolution. The balance shall then forthwith be transferred to the credit of either the operation and maintenance fund or the general fund of the district, as designated in the resolution.

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