Source: https://www.oregonlaws.org/ors/348.702
Timestamp: 2019-08-20 15:03:36
Document Index: 391425575

Matched Legal Cases: ['§3', '§2', '§2', '§4', '§154', '§6', '§32', '§96', '§2', '§1', '§7', '§10', '§3']

ORS 348.702 - Oregon Growth Account - 2017 Oregon Revised Statutes
2017 ORS Vol. 9 Chapter 348 Section 348.702
2017 ORS 348.702¹
(1) There is created within the Education Stability Fund the Oregon Growth Account, to which shall be credited, in the manner provided in subsection (2) of this section, 10 percent of the funds transferred under Article XV, section 4, of the Oregon Constitution, from the Administrative Services Economic Development Fund to the Education Stability Fund. Separate records shall be maintained for moneys in the Oregon Growth Account that are available for the purposes specified in subsection (5) of this section. The account may be credited with unrestricted appropriations, gifts, donations, grants or contract proceeds from any source, with investments or funds from any source and with returns on investments made from the account.
(7) The Oregon Business Development Department, on behalf of the Oregon Growth Board, may use moneys in the Oregon Growth Account to pay the administrative costs associated with the account and with administering those portions of ORS 284.881 (Definitions for ORS 284.881 to 284.890) to 284.890 (Oregon Growth Fund) that pertain to the account. [1995 c.811 §§3,4; 1997 c.323 §2; 2001 c.922 §2; 2002 s.s.3 c.6 §4; 2003 c.14 §154; 2003 c.606 §6; 2005 c.835 §32; 2007 c.71 §96; 2007 c.172 §2; 2009 c.805 §§1,2; 2012 c.90 §§7a,33a; 2013 c.732 §10; 2015 c.818 §3]