The requirements of ORS § 94.670 (5) first apply:

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Terms Used In Oregon Statutes 94.671

  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.

(1) Commencing with the fiscal year following the turnover meeting required by ORS § 94.616 for the association of a planned community created under ORS § 94.550 to 94.783.

(2) Commencing with the fiscal year following the year in which owners assume responsibility for administration of a planned community described in ORS § 94.574. [2003 c.803 § 24; 2009 c.641 § 38; 2015 c.27 § 8; 2017 c.423 § 14]

 

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