There is a newer version of the Oregon Revised Statutes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 327.482 - Appropriation to reimburse fund for earnings failure.
OR Rev Stat § 327.482 (2015) What's This?
Out of the moneys in the General Fund, there is continuously appropriated such sums as are necessary but not to exceed $100,000 in total to reimburse the Common School Fund for any amount that may result from the failure of loans to earn at least four percent interest. The computation required to determine the interest earned on the loans shall be made annually, and the amount required to reimburse the fund shall be paid annually.
[1965 c.532 §9; 1967 c.477 §1; 2015 c.513 §12]
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