ORS 332.745¹
Acquisition of interest in intellectual properties

(1) Any school district or education service district may develop or acquire interests in intellectual property of any kind, whether patentable or copyrightable or not, including patents, copyrights, inventions, discoveries, processes, systems, methods and ideas. Such districts may also agree to aid in the development of property acquired pursuant to this section and ORS 332.750 (Transactions involving intellectual property exempt from certain bidding requirements) and to pay an assignor of any interest in intellectual property a share of any moneys received on account of the districts’ ownership, management, use or disposition of the property.

(2) The district school board or education service district board may manage, develop or dispose of property acquired or developed under subsection (1) of this section, and may contract with any other public school district, education service district, community college district or publicly supported institution of higher education of this or any other state or with the federal government regarding the management, development, use or disposition thereof. The board may reassign such property to the person from whom it was acquired. [1969 c.217 §§1,2; 1975 c.770 §29]

1 Legislative Counsel Committee, CHAPTER 332—Local Administration of Education, https://­www.­oregonlegislature.­gov/­bills_laws/­ors/­ors332.­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