ORS § 576.440

Current through 2024 Regular Session legislation effective June 6, 2024
Section 576.440 - Limitation on expenditures
(1) Except as otherwise provided in subsection (2) of this section, an expenditure of moneys for a fiscal year may not be made or incurred by or under the authority of a commodity commission under ORS 576.051 to 576.455:
(a) In excess of the total amount of expenditures estimated for the fiscal year in the budget adopted for the fiscal year or in excess of the total amount of expenditures estimated for the major group or category of the expenditure for the fiscal year in the budget adopted for the fiscal year.
(b) For any purpose different than that indicated by the major group or category of the expenditure in the budget adopted for the fiscal year.
(2) An expenditure of moneys for a fiscal year unforeseen at the time the budget is prepared may not be made or incurred by or under the authority of the commission under ORS 576.051 to 576.455 in excess of the amount of unforeseen expenditures estimated as provided in ORS 576.416.

ORS 576.440

1959 c.596 §28; 2003 c. 604, § 47