2013 ORS § 294.033¹
Investment of deferred compensation funds

Funds set aside by any local government pursuant to a deferred compensation plan may be invested in any investment enumerated in ORS 294.035 (Investment of surplus funds of political subdivisions) and are not subject to the collateral requirements of ORS chapter 295. [1977 c.470 §3; 1997 c.179 §26; 2005 c.91 §1]