(1) There is created within the State Treasury a revolving fund known as the Oregon Fish and Wildlife Hydroelectric Fund, separate and distinct from the General Fund. The moneys in this fund are continuously appropriated for use by the State Department of Fish and Wildlife in its activities related to hydroelectric projects including payment of necessary administrative expenses.

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Terms Used In Oregon Statutes 496.835

  • 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

(2) The fund created by subsection (1) of this section shall consist of all moneys received under sections 4 and 5, chapter 674, Oregon Laws 1985, ORS § 496.820 and 496.825 and moneys transferred from the Water Resources Department Hydroelectric Fund as provided in ORS § 536.015.

(3) Moneys in the fund may be invested as provided in ORS § 293.701 to 293.857. Interest from any source derived from the investment of the moneys of the fund shall be credited to the fund. [1985 c.674 § 8; 1991 c.869 § 3]

 

MISCELLANEOUS

 

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