There is a newer version of the Oregon Revised Statutes
2015 Oregon Revised Statutes
Volume : 09 - Education and Culture
Chapter 327 - State Financing of Elementary and Secondary Education
Section 327.445 - Custody of securities for loan; collection of interest.
OR Rev Stat § 327.445 (2015) What's This?
The Department of State Lands shall have custody of all notes, bonds and other securities covering secured loans made by it from any fund. The department shall take proper measures for the prompt collection of interest due on all loans from any such fund and place it to the credit of the fund from which the loan was made, to be paid out as provided by law.
[Amended by 1965 c.532 §8]
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