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Current as of January 01, 2023 | Updated by Findlaw Staff
(1) There is created within the State Treasury, separate and distinct from the General Fund, the Oregon Talent Council Fund. Interest earned by the Oregon Talent Council Fund shall be credited to the fund.
(2) Moneys in the fund shall consist of:
(a) Amounts donated to the fund;
(b) Amounts appropriated or otherwise transferred to the fund by the Legislative Assembly;
(c) Investment earnings received on moneys in the fund; and
(d) Other amounts deposited in the fund from any source.
(3) Moneys in the fund are continuously appropriated to the Employment Department for allocation to the Oregon Talent Council for the purpose of making investments using the criteria and measurements set forth in ORS 284.292.
(4) The department may establish accounts and subaccounts within the fund when the department, in consultation with the council, determines that accounts or subaccounts are necessary or desirable and may credit any interest or income derived from moneys in the fund to any account or subaccount in the fund.
Cite this article: FindLaw.com - Oregon Revised Statutes Title 26A. Economic Development § 284.297 - last updated January 01, 2023 | https://codes.findlaw.com/or/title-26a-economic-development/or-rev-st-sect-284-297/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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