Oregon Statutes - Chapter 461 - Oregon State Lottery - Section 461.520 - Establishment of checking accounts and petty cash fund.

(1) The Director of the Oregon State Lottery is authorized to establish in the State Treasury checking accounts as may be required to disburse by check the payment of any disbursement authorized by ORS 461.510 (2) from the State Lottery Fund as well as any transfer to the State Lottery Fund as may be required.

(2) Notwithstanding the provisions of ORS 461.510 (1), the director is authorized to direct the deposit of any and all moneys payable to the commission to the credit of any checking account in the State Treasury created for processing State Lottery Fund moneys.

(3) The commission is authorized to establish a petty cash fund in an amount not to exceed $1,000 from any funds made available to the commission. The petty cash fund shall operate in accordance with the procedures defined in ORS 293.180. [1985 c.302 §7(6)]

Section:  Previous  461.410  461.420  461.430  461.440  461.445  461.500  461.510  461.520  461.530  461.535  461.540  461.543  461.544  461.545  461.546  Next

Last modified: August 7, 2008