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Section 284.881 – Definitions for ORS 284.881 to 284.890.

As used in ORS 284.881 to 284.890, unless the context requires otherwise: (1) “Business” means a corporation, partnership, proprietorship, firm, enterprise, joint venture, cooperative, franchise, association, organization, self-employed individual, group of individuals, nonprofit entity or other entity that is or will be operating or doing business in Oregon. (2) “Economic development” means development that: (a) […]

Section 284.882 – Legislative intent.

It is the intent of the Legislative Assembly, in enacting ORS 284.881 to 284.890, to encourage investment in and availability of capital to businesses in this state, including but not limited to traded sector businesses, businesses in the initial and follow-up phases of development and businesses in the rural regions of this state, and to […]

Section 284.883 – Oregon Growth Board; members; staff.

(1) The Oregon Growth Board is established to formulate and implement policies and procedures to administer ORS 284.881 to 284.890, and to make recommendations for the investment, reinvestment, management and coordination of funds in the Oregon Growth Account established under ORS 348.702 and the Oregon Growth Fund established under ORS 284.890. (2) The board shall […]

Section 284.890 – Oregon Growth Fund; sources; uses.

(1) The Oregon Growth Fund is established in the State Treasury, separate and distinct from the General Fund. Interest earned by the Oregon Growth Fund shall be credited to the fund. (2) Moneys in the Oregon Growth Fund consist of: (a) Amounts donated to the fund; (b) Moneys transferred to the fund from the federal […]