Chapter 94 — Real Property Development
ORS 94.645 Adoption of annual budget
(1)
The board of directors at least annually shall adopt a budget for the planned community.
(2)
The budget shall include moneys to be allocated to the reserve account under ORS 94.595.
(3)
Within 30 days after adopting the annual budget for the planned community, the board of directors shall provide a summary of the budget to all owners.
(4)
If the board fails to adopt a budget, the last adopted annual budget shall continue in effect.
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Provenance
2025 Oregon Revised Statutes — official online source
Official online edition
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- oregonlegislature.gov
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92171792…09c31019- Review
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Version history
Prior statutory text is not available in the ingested published editions. Consult an earlier official ORS edition or the cited Oregon Laws chapter.
2025 Oregon Revised Statutes — official online source · active · operative text
Official source