2013 ORS § 351.509¹
Portland State University Center for Nanoscience and Nanotechnology Account

(1) There is established in the General Fund an account to be known as the Portland State University Center for Nanoscience and Nanotechnology Account. Funds in the account shall be used for the acquisition and expansion of microscopy and materials characterization facilities at Portland State University related to a signature research center.

(2) The account shall consist of proceeds from lottery bonds made available to Portland State University for the purpose of the Portland State University center for nanoscience and nanotechnology project described in subsection (1) of this section. Interest earned on moneys in the account shall be credited to the account.

(3) Moneys in the account are continuously appropriated to Portland State University for the center for nanoscience and nanotechnology project described in subsection (1) of this section. The account may not be credited with more than $500,000 in interest and proceeds from lottery bonds. [2003 c.725 §9; 2011 c.2 §55; 2013 c.768 §61]

Note: The amendments to 351.509 (Portland State University Center for Nanoscience and Nanotechnology Account) by section 61, chapter 768, Oregon Laws 2013, become operative July 1, 2014. See section 171, chapter 768, Oregon Laws 2013. The text that is operative until July 1, 2014, is set forth for the users convenience.

351.509 (Portland State University Center for Nanoscience and Nanotechnology Account). (1) There is established in the General Fund an account to be known as the Portland State University Center for Nanoscience and Nanotechnology Account. Funds in the account shall be used for the acquisition and expansion of microscopy and materials characterization facilities at Portland State University related to a signature research center.

(2) The account shall consist of proceeds from lottery bonds made available to the Oregon University System for the purpose of the Portland State University center for nanoscience and nanotechnology project described in subsection (1) of this section. Interest earned on moneys in the account shall be credited to the account.

(3) Moneys in the account are continuously appropriated to the Oregon University System for the center for nanoscience and nanotechnology project described in subsection (1) of this section. The account may not be credited with more than $500,000 in interest and proceeds from lottery bonds.

Note: 351.509 (Portland State University Center for Nanoscience and Nanotechnology Account), 351.519 (University of Oregon Integrative Science Complex Account), 351.532 (Oregon State University Engineering Capital Construction Remodel Account) and 351.628 (Higher Education Academic Modernization Account) were enacted into law by the Legislative Assembly but were not added to or made a part of ORS chapter 351 or any series therein by legislative action. See Preface to Oregon Revised Statutes for further explanation.