Public funds not subject to ORS 295.001 to 295.108
(a) Funds that are deposited for the purpose of paying principal, interest or premium, if any, on bonds, as defined in ORS 286A.001 (Definitions for ORS chapter 286A) and 287A.001 (Definitions for ORS chapter 287A), and related costs or securing a borrowing related to an agreement for exchange of interest rates entered into under ORS 286A.110 (Agreements for exchange of interest rates) or 287A.335 (Agreements for exchange of interest rates).
(b) Funds that are invested in authorized investments under provisions of law other than ORS 295.001 (Definitions for ORS 295.001 to 295.108) to 295.108 (State Treasurer rules). Funds invested under ORS 293.701 (Definitions for ORS 293.701 to 293.820) to 293.820 (Separate accounts for each local government) are invested in authorized investments for purposes of this subsection from the time the funds are transferred by the State Treasurer to a third party under the terms of a contract for investment or administration of the funds that requires such a transfer until the time the funds are returned to the treasurer or paid to another party under the terms of the contract.
(c) Negotiable certificates of deposit purchased by the State Treasurer under ORS 293.736 (Duties of investment officer) or by an investment manager under ORS 293.741 (Council may contract with others to perform investment officer functions).
(2) Notwithstanding subsection (1) of this section, funds deposited by a custodial officer under ORS 294.035 (Investment of surplus funds of political subdivisions) (3)(d) are subject to the provisions of ORS 295.001 (Definitions for ORS 295.001 to 295.108) to 295.108 (State Treasurer rules). [Formerly 295.011]
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