ORS 267.394¹
Investment of certain funds held by TriMet

Notwithstanding any provision of ORS chapter 294 or ORS 295.001 (Definitions for ORS 295.001 to 295.108) to 295.108 (State Treasurer rules), funds held in trust by TriMet, as defined in ORS 197A.500, for the purpose of paying post-employment benefits other than pensions, and any funds necessary to pay the reasonable expenses of administering the trust, are not surplus funds for purposes of ORS 294.004 (Definitions) and may be invested in accordance with the standard of judgment and care for the investment of investment funds as set forth in ORS 293.726 (Standard of judgment and care in investments). [2019 c.16 §2]

1 Legislative Counsel Committee, CHAPTER 267—Mass Transit Districts; Transportation Districts, https://­www.­oregonlegislature.­gov/­bills_laws/­ors/­ors267.­html (2019) (last ac­cessed May 16, 2020).
 
2 OregonLaws.org contains the con­tents of Volume 21 of the ORS, inserted along­side the per­tin­ent statutes. See the preface to the ORS An­no­ta­tions for more information.
 
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