Liability of public officials for loss of public funds
When public funds deposits are made in accordance with ORS 295.001 (Definitions for ORS 295.001 to 295.108) to 295.108 (State Treasurer rules), a public official may not be held liable for any loss of public funds that results from the failure or default of any depository without fault or neglect on the public official’s part or on the part of the public official’s officers or employees. [2007 c.871 §12]
Note: See note under 295.031 (Notice to public officials regarding adequacy of collateral).
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