(1) The Reclamation Guarantee Fund is established in the State Treasury, separate and distinct from the General Fund. The Reclamation Guarantee Fund shall consist of deposits of moneys received under ORS § 517.810.

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Terms Used In Oregon Statutes 517.813

  • 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) Interest earned on the Reclamation Guarantee Fund shall be paid to the State Treasury and deposited in the General Fund to the credit of the Geology and Mineral Industries Account.

(3) The State Department of Geology and Mineral Industries shall annually prepare and submit to the governing board of the department a report on the financial status of the Reclamation Guarantee Fund. [2015 c.834 § 5]

 

517.813 was enacted into law by the Legislative Assembly but was not added to or made a part of ORS Chapter 517 or any series therein by legislative action. See Preface to Oregon Revised Statutes for further explanation.

 

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