Section 293.861 – Investment pools authorized.

The Legislative Assembly recognizes that changes in federal arbitrage regulations have imposed substantial additional financial and administrative burdens on state agencies and local governments which issue tax-exempt obligations. The impact of these burdens is exacerbated by the fiscal restrictions placed on these agencies and governments by section 11b, Article XI of the Oregon Constitution. The […]

Section 293.863 – Investment pool procedures; duties of State Treasurer.

(1) As used in this section: (a) “Council” means the Oregon Investment Council. (b) “Investor” means an entity which deposits proceeds with the State Treasurer for investment in a pool. (c) “Pool” means a fund or account established by the State Treasurer for the investment of proceeds for one or more investors, pursuant to this […]