Oregon Statutes 417.220 – Agreements with other states; effect of financial provisions
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The officers and agencies of this state and its subdivisions having authority to place children are authorized to enter into agreements with appropriate officers or agencies of or in other party states pursuant to paragraph (b) of Article V of the Interstate Compact on the Placement of Children. Any such agreement which contains a financial commitment or imposes a financial obligation on this state or subdivision or agency thereof shall not be binding unless it has the approval in writing of the State Treasurer in the case of the state and of the chief local fiscal officer in the case of a subdivision of the state. [1975 c.482 § 3]
Terms Used In Oregon Statutes 417.220
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.