2011 Oregon Revised Statutes
ORS Volume 7, Chapters 261- 304
ORS Chapter 293
293.733 Venture capital investments; council s duty.
(1) In making and implementing investment decisions related to venture capital, the Oregon Investment Council and the investment officer have a duty to look first at Oregon opportunities for diversification unless, under the circumstances, it is not prudent to do so.
(2) At any given time, the council shall have at least $100 million in venture capital investments in Oregon unless, under the circumstances, it is not prudent to do so.
(3) As used in this section:
(a) Emerging growth business has the meaning given that term in ORS 348.701.
(b) Venture capital includes but is not limited to emerging growth businesses. [2003 c.606 3]
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