Oregon Statutes - Chapter 351 - Higher Education Generally - Section 351.220 - Acquisition of intellectual property.

The State Board of Higher Education may acquire by gift or by purchase interests in intellectual property of any kind, whether patentable or copyrightable or not, including patents, copyrights, inventions, discoveries, processes and ideas. The board may also agree to aid in the development of property acquired pursuant to ORS 351.220 to 351.250 and to pay an assignor of any interest in intellectual property a share of any moneys received on account of the boardís ownership or management of the property. [1953 c.332 §1]

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Last modified: August 7, 2008