Oregon Statutes - Chapter 294 - County and Municipal Financial Administration - Section 294.805 - Definitions for ORS 294.805 to 294.895.

As used in ORS 294.805 to 294.895:

(1) “Board” means the Oregon Short Term Fund Board.

(2) “Council” means the Oregon Investment Council created under ORS 293.706.

(3) “Funds” means funds under the control or in the custody of any local government official by virtue of office that are not required to meet current demands.

(4) “Investment officer” means the State Treasurer in capacity as investment officer for the council and the investment pool.

(5) “Investment pool” means the aggregate of all funds from local government officials that are placed in the custody of the investment officer for investment and reinvestment as provided under ORS 294.805 to 294.895.

(6) “Local government official” means each officer or employee of any agency, political subdivision or public corporation of this state, including the Oregon State Bar, who by law is made the custodian of or has control of any funds. [1973 c.748 §1; 1981 c.880 §14; 1987 c.381 §1]

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Last modified: August 7, 2008