Oregon Statutes 293.295 – When claim against moneys in State Treasury may be paid
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A claim for payment from any moneys in the State Treasury may not be paid unless:
Terms Used In Oregon Statutes 293.295
- Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
- State Treasury: includes those financial assets the lawful custody of which are vested in the State Treasurer and the office of the State Treasurer relating to the custody of those financial assets. See Oregon Statutes 174.100
(1) The claim is supported by the approval of the state agency that incurred the obligation or made the expenditure on which the claim is based;
(2) Provision for payment of the claim is made by law and appropriation;
(3) The obligation or expenditure on which the claim is based is authorized as provided by law; and
(4) The claim otherwise satisfies requirements as provided by law. [1967 c.454 § 9]