(1) There is created within the Oregon Growth Account the Oregon Resource and Technology Development Subaccount. Separate records shall be maintained for moneys in the subaccount. Subject to investment policies established by the State Treasurer and investment directives or strategies of the Oregon Growth Account Board, moneys in the subaccount shall be used to make seed capital investments in emerging growth businesses.
(2) The board may allocate such amounts from the subaccount as the board determines appropriate for seed capital investments. [2001 c.922 §7; 2005 c.835 §33; 2007 c.172 §4]
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