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2019 Oregon Revised Statutes
Volume : 10 - Highways, Military
Chapter 407 - Veterans Loans
Section 407.525 - Transfer of sinking account moneys to veterans’ fund; retransfer.
Universal Citation: OR Rev Stat § 407.525 (2019)
The Department of Veterans’ Affairs may transfer moneys in the sinking account, except those derived from tax levies and those received from the sale of refunding bonds, to the Oregon War Veterans’ Fund for the home and farm loan purposes of the Oregon War Veterans’ Fund or pay the moneys directly from the sinking fund for the home and farm loan purposes of the Oregon War Veterans’ Fund. When sufficient moneys are available in the Oregon War Veterans’ Fund, the department may transfer back to the sinking account an amount not exceeding the total transferred from the sinking account to the Oregon War Veterans’ Fund or paid directly from the sinking fund for the home and farm loan purposes of the Oregon War Veterans’ Fund. [Formerly 407.180; 1987 c.652 §14; 2005 c.625 §51; 2007 c.783 §184]
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