2017 ORS 341.728¹
Community College Bond Building Fund

(1) The Community College Bond Building Fund is established in the State Treasury, separate and distinct from the General Fund.

(2) The Community College Bond Building Fund shall consist of moneys realized from the sale of bonds issued pursuant to Article XI-G of the Oregon Constitution and ORS 286A.848 (Authority of State Treasurer to issue Article XI-G bonds) for the benefit of community colleges.

(3) Moneys in the Community College Bond Building Fund are continuously appropriated to the Higher Education Coordinating Commission and may be distributed by the commission pursuant to grant contracts entered into between the commission and community colleges under ORS 286A.851 (Grant contracts for Article XI-G bonds).

(4) Moneys in the Community College Bond Building Fund may be invested as provided in ORS 286A.025 (Issuance and sale of bonds) until needed for distribution under subsection (3) of this section. If a surplus remains in the fund after disbursement, the surplus and earnings from temporary investments shall be credited to the Article XI-G Bond Fund established under ORS 286A.854 (Article XI-G Bond Fund). [2005 c.787 §22; 2007 c.783 §141; 2009 c.2 §18; 2011 c.2 §4; 2015 c.366 §35; 2017 c.9 §15]

1 Legislative Counsel Committee, CHAPTER 341—Community Colleges, https://­www.­oregonlegislature.­gov/­bills_laws/­ors/­ors341.­html (2017) (last ac­cessed Mar. 30, 2018).
 
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.