Or. Rev. Stat. § 366.425
Deposit of moneys for highway work
Oregon · Oregon Revised Statutes Chapter 366 — State Highways and State Highway Fund · Status: effective
Cite this
- Citation
- Or. Rev. Stat. § 366.425, Deposit of moneys for highway work, Oregon, version 1 as recorded 2026-10-04, yourstate.us, https://yourstate.us/provision/2502136
- Permanent ID
ys:prov:2502136@1- SHA-256
dfa4f7211833eb3d77da661577c1953e04fdc3ddc8c4380dd2bae9bd96a62f56
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
(1) Any county, city or road district of the state or any person, firm or corporation may deposit moneys in the State Treasury or may deposit with the Department of Transportation an irrevocable letter of credit approved by the department for laying out, surveying, locating, grading, surfacing, repairing or doing other work upon any public highway within the state under the direction of the department. When any money or a letter of credit is deposited with the department under this subsection, the department shall proceed with the proposed highway project.
(2) Money deposited under subsection (1) of this section shall be disbursed for the purpose for which it was deposited upon a voucher approved by the department and a warrant.