Oregon Statutes 508.326 – Commercial Fisheries Fund; uses
(1) The Commercial Fisheries Fund is created in the State Treasury, separate and distinct from the General Fund. Except as provided in ORS § 506.690, all moneys in the Commercial Fisheries Fund are appropriated continuously to the State Fish and Wildlife Commission for the administration and enforcement of the commercial fishing laws and for the management, propagation, research, habitat improvement and other activities that protect, maintain or enhance the food fish resource of this state. Interest earned on moneys in the fund shall be credited to the fund.
Terms Used In Oregon Statutes 508.326
- 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) Except as provided in ORS § 508.949, all moneys collected pursuant to ORS § 508.505 to 508.550 for fish species taken pursuant to developmental fishery activities referred to in ORS § 506.460 shall be credited to a separate account in the Commercial Fisheries Fund. Notwithstanding subsection (1) of this section or ORS § 506.306, 25 percent of such moneys shall be expended for general fish management purposes and 75 percent of such moneys shall be expended to pay the expenses of developmental fishery activities pursuant to ORS § 506.460. [1991 c.701 § 21; 1993 c.765 § 119; 1999 c.1013 § 2; 2003 c.809 § 14]
[Renumbered 508.525]
[Amended by 1965 c.570 § 87; renumbered 508.530]
[Amended by 1961 c.373 § 1; 1963 c.197 § 3; 1965 c.570 § 88; renumbered 508.535]
[Amended by 1961 c.373 § 2; 1965 c.570 § 89; renumbered 508.540]
[Renumbered 508.545]
[Repealed by 1963 c.197 § 4]
[Repealed by 1963 c.197 § 4]
[Amended by 1963 c.196 § 1; repealed by 1965 c.570 § 65 (508.406 enacted in lieu of 508.405)]
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