Oregon Statutes 274.371 – Oregon Abandoned and Derelict Vessel Fund
(1) The Oregon Abandoned and Derelict Vessel Fund is established in the State Treasury, separate and distinct from the General Fund. Interest earned by the Oregon Abandoned and Derelict Vessel Fund shall be credited to the fund. Moneys in the fund are continuously appropriated to the Department of State Lands for the purpose of carrying out the provisions of the Oregon Abandoned and Derelict Vessel Program.
Terms Used In Oregon Statutes 274.371
- Department: means the Department of State Lands. See Oregon Statutes 274.005
- State Treasury: includes those financial assets the lawful custody of which are vested in the State Treasurer and the office of the State Treasurer relating to the custody of those financial assets. See Oregon Statutes 174.100
(2) The department may accept grants, donations, contributions or gifts from any source for deposit in the fund.
(3) The fund shall consist of:
(a) Moneys received by the department as provided by subsection (2) of this section;
(b) Moneys appropriated by the Legislative Assembly for deposit in the fund;
(c) Interest earned on moneys in the fund; and
(d) Other moneys deposited in the fund from any source. [2023 c.419 § 3]
[1961 c.479 § 7; 1967 c.421 § 113; repealed by 1967 c.567 § 14]