Oregon Statutes - Chapter 328 - Local Financing of Education - Section 328.115 - Loan of fund and rental of lands; disbursement of interest and rents.

(1) The county treasurer shall loan the Douglas County School Fund in the manner provided by law at the best rate obtainable per annum and shall rent all lands owned by the county belonging to the fund.

(2) The county treasurer shall place the interest and rentals with other moneys the county receives for support of the common schools. The education service district board shall apportion and the county treasurer shall distribute the interest and rentals with, and in the same manner as, such other moneys. [Amended by 1963 c.544 §20]

Section:  Previous  328.020  328.025  328.030  328.035  328.045  328.105  328.110  328.115  328.120  328.125  328.130  328.135  328.140  328.155  328.160  Next

Last modified: August 7, 2008