The Department of State Lands shall have custody of all notes, bonds and other securities covering secured loans made by it from any fund. The department shall take proper measures for the prompt collection of interest due on all loans from any such fund and place it to the credit of the fund from which the loan was made, to be paid out as provided by law.
ORS 327.445
Known as the High School Graduation and College and Career Readiness Act
The act spans §§ 327–327 (283 sections).
Amended by 1965 c.532 §8
Official source: Oregon State Legislature. Reproduced from public-domain Oregon statutes; confirm against the official source for the current text. Not legal advice.