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Code · Oregon · ORS Chapter 824 · Railroads

824.014 Railroad Fund; sources; use

131 words·~1 min read·/or/ors-chapter-824/railroads/824-014

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824.014 Railroad Fund; sources; use.
(1)The Railroad Fund is established separate and distinct from the General Fund. Interest earned, if any, shall inure to the benefit of the Railroad Fund.
(2)All fees, penalties and other moneys collected by the Department of Transportation under ORS 824.010 and 824.012 shall be paid by the department into the State Treasury within 30 days after the collection thereof, and shall be placed by the State Treasurer to the credit of the Railroad Fund created by subsection
(1)of this section. The fees, penalties and other moneys collected from railroads shall be used only for the purpose of paying the expenses of the department in performing the duties imposed by law upon the department in respect to railroads. [1995 c.733 §§31a,32; 2011 c.597 §307]
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