ORS 178.310
Oregon 529 Savings Board

  • membership

(1)

There is established the Oregon 529 Savings Board to administer ORS 178.300 (Definitions for ORS 178.300 to 178.360) to 178.360 (Consideration of amounts in accounts for higher education expenses in benefit eligibility determinations), 178.375 (Definitions for ORS 178.375, 178.380 and 178.385) and 178.380 (Establishment of qualified ABLE program).

(2)

The board shall consist of:

(a)

The State Treasurer or a designee of the State Treasurer;

(b)

A representative of persons with intellectual disabilities or other developmental disabilities, who shall be appointed by the State Treasurer;

(c)

A representative of accredited private colleges and universities located in this state, who shall be appointed by the State Treasurer; and

(d)

Two public members, who by reason of their education and experience are qualified to serve, and who shall be appointed by the State Treasurer.

(3)

The State Treasurer shall designate the board chairperson from among the members of the board. The chairperson shall serve at the pleasure of the State Treasurer.

(4)

Members of the board appointed by the State Treasurer serve at the pleasure of the State Treasurer for a term of office of three years. Members of the board may be reappointed to subsequent terms.

(5)

The State Treasurer shall provide staff and assistance to the board in the administration of the Oregon 529 Savings Network, including the qualified ABLE program established under ORS 178.380 (Establishment of qualified ABLE program), as directed by the board.

(6)

A member of the board is entitled to compensation and expenses as provided in ORS 292.495 (Compensation and expenses of members of state boards and commissions).

(7)

A majority of the members of the board constitutes a quorum for the transaction of business. [Formerly 348.849]

Source: Section 178.310 — Oregon 529 Savings Board; membership, https://www.­oregonlegislature.­gov/bills_laws/ors/ors178.­html.

178.010
Oath and bond
178.020
Additional bond requirement
178.030
Premiums on surety bonds of treasurer and employees paid by state
178.040
Successive recoveries on bond
178.050
Duties of State Treasurer
178.060
Deputy State Treasurer
178.065
Authority of State Treasurer to require fingerprints
178.090
Manner of providing evidence of receipt of funds or securities
178.200
Oregon Retirement Savings Board
178.205
Powers and duties of Oregon Retirement Savings Board
178.210
Requirements for Oregon Retirement Savings Plan
178.215
Rules for Oregon Retirement Savings Plan
178.220
Confidentiality of account information
178.225
Oregon Retirement Savings Plan Administrative Fund
178.230
Prerequisites to establishment of Oregon Retirement Savings Plan
178.235
Annual reports
178.240
Preemption
178.245
Assistance of state agencies with outreach, technical assistance and compliance services
178.250
Compliance with plan
178.255
Investigation by Commissioner of Bureau of Labor and Industries
178.260
Final orders relating to compliance
178.300
Definitions for ORS 178.300 to 178.360
178.305
Oregon 529 Savings Network
178.310
Oregon 529 Savings Board
178.315
Board powers and duties
178.320
Oregon 529 Savings Network Fund
178.325
State interest in contributions and earnings
178.330
Annual report to Governor and Legislative Assembly
178.335
Network participation for higher education expenses
178.340
Right to direct investments for higher education expenses
178.345
Prohibitions and limitations on accounts for higher education expenses
178.350
Designated beneficiary of account for higher education expenses
178.355
Withdrawals from accounts for higher education expenses
178.360
Consideration of amounts in accounts for higher education expenses in benefit eligibility determinations
178.375
Definitions for ORS 178.375, 178.380 and 178.385
178.380
Establishment of qualified ABLE program
178.385
Right to direct investments for ABLE accounts
178.990
Penalties
Green check means up to date. Up to date