There is a newer version
of
this Section
2019 Oregon Revised Statutes
Volume : 07 - Public Facilities and Finance
Chapter 267 - Mass Transit Districts; Transportation Districts
Section 267.394 - Investment of certain funds held by TriMet.
Universal Citation: OR Rev Stat § 267.394 (2019)
Notwithstanding any provision of ORS chapter 294 or ORS 295.001 to 295.108, funds held in trust by TriMet, as defined in ORS 197A.500, for the purpose of paying post-employment benefits other than pensions, and any funds necessary to pay the reasonable expenses of administering the trust, are not surplus funds for purposes of ORS 294.004 and may be invested in accordance with the standard of judgment and care for the investment of investment funds as set forth in ORS 293.726. [2019 c.16 §2]
Disclaimer: These codes may not be the most recent version. Oregon may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
