There is a newer version of the Oregon Revised Statutes
2015 Oregon Revised Statutes
Volume : 07 - Public Facilities, Finance
Chapter 295 - Depositories of Public Funds and Securities
Section 295.056 - Liability of public officials for loss of public funds.
OR Rev Stat § 295.056 (2015) What's This?
When public funds deposits are made in accordance with ORS 295.001 to 295.108, a public official may not be held liable for any loss of public funds that results from the failure or default of any depository without fault or neglect on the public official’s part or on the part of the public official’s officers or employees.
[2007 c.871 §12]
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