2013 ORS § 351.615¹
Account for auxiliary enterprise building repair and equipment replacement

Moneys set aside by higher education auxiliary activities for repair and alteration of buildings and replacement of equipment shall be credited to an account designated for that purpose in the Oregon University System Fund established by ORS 351.506 (Oregon University System Fund). Income and interest derived from moneys in the account are credited to the account for distribution to the several auxiliary activities in accord with rules adopted by the State Board of Higher Education. The moneys in the account may be used only for the repair and alteration of auxiliary enterprise buildings and replacement of equipment as designated by the board, after hearing any recommendations by recognized student governments. [1979 c.106 §2; 1995 c.110 §8; 2009 c.762 §16]