ORS 293.706
Oregon Investment Council

  • appointment
  • term
  • vacancies

(1)

There is created the Oregon Investment Council, consisting of five voting members and one nonvoting member.

(2)

The Governor shall appoint four voting members, subject to Senate confirmation in the manner provided in ORS 171.562 (Procedures for confirmation) and 171.565 (Vote required for confirmation). The members appointed by the Governor must be qualified by training and experience in the field of investment or finance.

(3)

The Governor may appoint a member of the council under subsection (2) of this section who is also a member of the Public Employees Retirement Board appointed under ORS 238.640 (Qualifications of board members) (4). Except as provided in this subsection, members appointed by the Governor may not hold any other public office or public employment.

(4)

The State Treasurer shall be a voting member.

(5)

The Director of the Public Employees Retirement System shall be an ex officio member of the council with no voting power.

(6)

The term of office of each appointed member of the council is four years, but each appointed member serves at the pleasure of the Governor. A vacancy in the appointed membership occurring other than by expiration of term shall be filled in the same manner as the original appointment, but for the unexpired term only. [1967 c.335 §2; 1987 c.877 §1; 2001 c.217 §1; 2003 c.69 §3; 2003 c.625 §§24,25; 2005 c.180 §§1,2; 2007 c.623 §2; 2013 c.468 §1]

Source: Section 293.706 — Oregon Investment Council; appointment; term; vacancies, https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html.

Attorney General Opinions

Federal social security withholding taxes with respect to public members of Oregon Investment Council, (1978) Vol 38, p 2117

293.075
Encumbrances
293.090
Disposition of gift, devise or bequest to state or state agency
293.095
Effect of change in organization of state agencies on gifts, devises and bequests
293.105
General Fund
293.110
Certain funds as part of General Fund
293.115
Moneys separate and distinct from General Fund
293.117
Trust fund
293.125
Department to make accounting entries and charge claims against special dedicated funds
293.130
Information required on records of moneys deposited
293.135
Payment of warrants against certain special funds
293.140
Disposition of interest on state funds
293.144
Oregon Rainy Day Fund
293.146
Transfer of moneys to Rainy Day Fund
293.148
Cap on amount
293.165
Borrowing to pay warrants against General Fund
293.167
Proceeding when warrants not paid for want of funds
293.169
Notification to agency to stop issuing checks or warrants or initiating electronic funds transfers
293.171
State agency overdrafts
293.180
Agency petty cash fund
293.190
Reversion of appropriations to General Fund
293.195
Retention of appropriation balances
293.205
Definitions for ORS 293.205 to 293.225
293.210
Transfer and retransfer of money and credit among state funds
293.212
Transfers to funds of Department of Transportation with insufficient moneys
293.214
Lines of credit for state agency
293.215
Evidencing transfers and retransfers
293.220
Interest on transferred moneys or credits
293.225
Construction of ORS 293.205 to 293.220
293.226
Use of Social Security numbers for state agency debt collection activities
293.227
Definitions for ORS 293.227 to 293.233
293.229
Liquidated and delinquent accounts of state agency
293.231
Collection of liquidated and delinquent accounts by Department of Revenue or private collection agency
293.233
Exemption of accounts from assignment to Department of Revenue or private collection agency
293.234
Report by Oregon Department of Administrative Services on certain uncollected debt
293.235
“State agency” defined for ORS 293.240 and 293.245
293.240
Writing off uncollectible debts due state agency
293.245
Subsequent collection of debt written off under ORS 293.240
293.250
Collections Unit
293.252
Duties of Oregon Department of Administrative Services relating to state agency debt collection
293.254
Requirement that state agency make reasonable efforts to collect debts owed to agency
293.256
Charges for expenses of Oregon Department of Administrative Services
293.258
Delinquent Accounts Administration Fund
293.260
Collection of moneys and property due to state
293.262
Requiring information regarding accounts
293.265
Disposition of collected moneys
293.270
Record of moneys deposited under ORS 293.265
293.275
Disbursement of moneys
293.280
Application of ORS 293.265 to 293.275
293.285
Transfers between funds, accounts or appropriations authorized for certain interagency and intergovernmental payments
293.293
Funds held in trust by court
293.295
When claim against moneys in State Treasury may be paid
293.300
No claim to be paid if disapproved by department
293.306
Forms and procedures for claims, warrants, checks and orders
293.311
Requiring information regarding claims
293.316
Appeal of disputed claim
293.321
Limitation on time of presentment of claims
293.326
When claim allowed against state as setoff
293.330
Designation of officer by state agency to approve disbursements
293.335
Designation of individual by legislative committee to approve disbursements
293.341
References to voucher claims as references to disbursements
293.346
Drawing warrants
293.348
Charging and billing state agencies for expense of drawing and processing warrants
293.353
Payment for expense of processing banking-related transactions
293.370
Use of facsimile signatures by department and state agencies
293.375
Use of facsimile signatures by state officers and employees
293.406
Payment by State Treasurer
293.445
Definition for ORS 293.445 to 293.460
293.447
Establishment of accounts for purposes other than those in ORS 293.445 authorized
293.450
Report of checks outstanding more than two years
293.455
Refusal of payment of unpresented checks
293.460
Recourse of owners of unpaid checks
293.462
Payment of overdue account charges
293.465
Definitions for ORS 293.465 to 293.485
293.470
Payment on lost, stolen or destroyed instruments
293.475
Issuance of duplicate instrument
293.480
Adoption of uniform procedure for issuing duplicate instruments
293.485
Effect of wrongful payment
293.490
Payment upon death of person entitled to money from state if estate not in probate
293.495
Procedure for payment
293.500
Probate proceedings unnecessary
293.505
Secretary of State as Auditor of Public Accounts
293.510
Presentment of claims to Secretary of State not required
293.515
Withholding salary of state official or employee failing to settle accounts or correct delinquencies or errors in audit reports
293.525
Payments to and by state agencies by electronic funds transfers
293.537
Tobacco Settlement Funds Account
293.540
Health Care Trust Fund
293.550
Receipt and disposition generally of federal aid moneys
293.555
Receipt and disposition of moneys received from federal government in lieu of ad valorem property taxes
293.560
Apportionment among counties of moneys received from federal government from forest reserves
293.565
Apportionment among counties of moneys received from federal government under Mineral Lands Leasing Act
293.570
Apportionment among counties of moneys received from federal government under federal Flood Control Act
293.575
Distribution of funds received under the Taylor Grazing Act
293.590
Department to supervise state agency accounting
293.595
Supervision of data processing equipment for accounting system
293.600
Financial and statistical reports by state agencies
293.605
Fiscal year
293.611
Accounts and records of Secretary of State as Auditor of Public Accounts
293.616
Accounts and records of State Treasurer
293.620
Monthly account of and payment by custodians of state property
293.625
Statements to be rendered to Secretary of State
293.630
Date for closing accounts by persons who must make annual accounts
293.640
Period covered by biennial reports
293.660
Determining date of filing or receipt of reports, claims, tax returns or remittances
293.665
Calculation of savings resulting from penalty reductions for certain offenses
293.701
Definitions for ORS 293.701 to 293.857
293.706
Oregon Investment Council
293.708
Conflicts of interest for council members
293.711
Compensation and expenses of council members
293.712
Continuing education requirements for members of council
293.713
When compensation of council member as director of business prohibited
293.714
Council meetings
293.716
State Treasurer is investment officer for council
293.718
Payment of expenses of State Treasurer
293.721
General objective of investments
293.723
Discrete investment of moneys
293.726
Standard of judgment and care in investments
293.728
Oregon Short Term Fund
293.731
Council to formulate and review investment policies
293.733
Venture capital investments
293.734
Report on venture capital investments
293.736
Duties of investment officer
293.741
Council may contract with others to perform investment officer functions
293.746
Opinion of bond attorney or Attorney General
293.751
Custody of title instruments
293.756
Separate accounting for funds
293.761
Duty of investment officer to provide information for financial reporting
293.766
Monthly reports by investment officer to council
293.771
Reports by council to Governor and legislature
293.776
Examination and audit of investment program
293.778
Investment holding companies
293.780
Group annuity contracts with insurers on behalf of Public Employees Retirement System and Board
293.790
Holding, investing and disposing of corporate stock
293.793
Purchase or acquisition of state government bonds
293.796
Findings regarding venture capital for new businesses
293.811
Short title
293.812
Definitions for ORS 293.811 to 293.832
293.813
Findings
293.819
Investment in scrutinized companies
293.825
Policy for engagement with investment managers with investments in scrutinized companies
293.828
Notice on State Treasurer’s website
293.832
Applicability of ORS 293.825 and 293.828
293.837
Definitions for ORS 293.837 to 293.847
293.839
Investment in scrutinized companies
293.841
Policy for engagement with investment managers with investments in scrutinized companies
293.843
Notice on State Treasurer’s website
293.847
Applicability of ORS 293.841 and 293.843
293.857
Separate accounts for each local government
293.861
Investment pools authorized
293.863
Investment pool procedures
293.875
State Treasurer as state banking and cash management officer
293.880
Accounts and funds established to comply with federal legislation relating to state and federal cash management reform
293.990
Penalties
Green check means up to date. Up to date