(1) A revolving fund not to exceed $25,000 for the use of the military department hereby is established for the purpose of providing funds to pay expenses of the department where it is necessary to make immediate cash payments to obtain trade discounts and for travel, postage, expressage, emergency advances and items which are payable immediately in cash upon presentation. The revolving fund shall be deposited with the State Treasury. The Adjutant General, or the person designated by the Adjutant General in writing filed with the Oregon Department of Administrative Services, may draw checks or orders upon the State Treasurer payable from the revolving fund in making disbursements for the purposes listed in this subsection.
(2) The revolving fund shall be reimbursed at least once each month by submission of a duly approved claim for payment from the account or fund appropriated and available for payment of authorized expenses of the military department. [1961 c.454 §28; 1975 c.614 §13; 1979 c.95 §4]Section: Previous 396.320 396.325 396.330 396.332 396.335 396.340 396.345 396.350 396.355 396.360 396.362 396.364 396.370 396.505 396.510 Next
Last modified: August 7, 2008