ORS 196.640¹
Oregon Wetlands Mitigation Bank Revolving Fund Account
  • rules

(1) The Oregon Wetlands Mitigation Bank Revolving Fund Account is established, separate and distinct from the General Fund. All moneys received under ORS 196.645 (Sources of account) shall be paid into the State Treasury and credited to the account. All moneys in the account are appropriated continuously to the Department of State Lands to be used by the department as set forth in ORS 196.650 (Use of account). The moneys in the account may be invested and reinvested as provided in ORS 293.701 (Definitions for ORS 293.701 to 293.820) to 293.820 (Separate accounts for each local government). Interest earned by the account shall be credited to the account.

(2) The department shall keep a record of all moneys deposited in the account. The record shall indicate by separate cumulative accounts the source from which the moneys are derived and the individual activity or program against which each withdrawal is charged.

(3) The department shall publish annually the record of moneys deposited in and removed from the account.

(4) The Director of the Department of State Lands may adopt rules for prioritizing expenditures from the account for the purposes specified in ORS 196.650 (Use of account). [Formerly 541.577; 2003 c.738 §10]

1 Legislative Counsel Committee, CHAPTER 196—Columbia River Gorge; Ocean Resource Planning; Wetlands; Removal and Fill, https://­www.­oregonlegislature.­gov/­bills_laws/­Archive/­2007ors196.­pdf (2007) (last ac­cessed Feb. 12, 2009).
 
2 OregonLaws.org contains the con­tents of Volume 21 of the ORS, inserted along­side the per­tin­ent statutes. See the preface to the ORS An­no­ta­tions for more information.
 
3 OregonLaws.org assembles these lists by analyzing references between Sections. Each listed item refers back to the current Section in its own text. The result reveals relationships in the code that may not have otherwise been apparent. Currency Information