Transfers to Port Planning and Marketing Fund
(1) Notwithstanding ORS 285A.708 (Oregon Port Revolving Fund) (1) and 285A.711 (Use of fund proceeds), available moneys in the Oregon Port Revolving Fund that were accrued as net earned income of the fund may be transferred to the Port Planning and Marketing Fund created under ORS 285A.654 (Port Planning and Marketing Fund).
(2) Notwithstanding ORS 285A.654 (Port Planning and Marketing Fund) (1)(b), moneys transferred to the Port Planning and Marketing Fund under this section may be used for payments of grants under ORS 285A.654 (Port Planning and Marketing Fund) to 285A.660 (Funding priorities) to ports formed under ORS 285A.603 ("Port" defined for ORS 285A.603 to 285A.627) to 285A.732 (Short title) or ORS chapter 777 or 778.
(3) In addition to and notwithstanding any other law, an amount not to exceed five percent of the assets of the Oregon Port Revolving Fund as calculated on July 1 of each year shall be transferred to the Port Planning and Marketing Fund under this section. [1987 c.607 §19; 1991 c.539 §2; repealed by 1987 c.607 §20, as amended by 1991 c.539 §3, 1995 c.436 §4 and 1999 c.58 §1; amendments by 2003 c.773 §55 and 2003 c.802 §157 treated as reenactments; 2007 c.804 §31]
Note: 285A.709 (Transfers to Port Planning and Marketing Fund) was added to and made a part of 285A.666 (Definitions for ORS 285A.666 to 285A.732) to 285A.732 (Short title) by legislative action but was not added to any smaller series therein. See Preface to Oregon Revised Statutes for further explanation.
3 OregonLaws.org assembles these lists by analyzing references between Sections. Each listed item refers back to the current Section in its own text. The result reveals relationships in the code that may not have otherwise been apparent. Currency Information