ORS 359.423
Board solicitation or acceptance of gifts, bequests, devises of money, securities or other property


(1)

Intentionally left blank —Ed.

(a)

The Trust for Cultural Development Board may solicit and accept gifts, bequests or devises of money, securities or other property of any kind to carry out the purposes of ORS 359.400 (Definitions for ORS 359.400 to 359.444) to 359.444 (Allowable uses of funds by core partner agencies).

(b)

Notwithstanding paragraph (a) of this subsection, a restricted gift, bequest or devise may not be accepted if the restriction is contrary to the laws of this state.

(2)

Intentionally left blank —Ed.

(a)

The board shall be the custodian of any property accepted pursuant to this section.

(b)

The board shall hold the property as trustee for the state and shall conserve and administer the property to carry out the purposes of ORS 359.400 (Definitions for ORS 359.400 to 359.444) to 359.444 (Allowable uses of funds by core partner agencies).

(c)

Except as prohibited by law or restricted by the terms of the gift, bequest or devise, the board may from time to time sell or exchange any property accepted as a gift, bequest or devise as the board determines appropriate.

(3)

Moneys, and any income from property, accepted pursuant to this section shall be paid into the State Treasury and deposited to the credit of the Trust for Cultural Development Account established by ORS 359.405 (Trust for Cultural Development Account). [2015 c.668 §2]

Source: Section 359.423 — Board solicitation or acceptance of gifts, bequests, devises of money, securities or other property, https://www.­oregonlegislature.­gov/bills_laws/ors/ors359.­html.

359.010
Definitions for ORS 359.010 to 359.142
359.020
Oregon Arts Commission
359.025
Commission duties
359.030
Objectives of Arts Program
359.040
Duties of Arts Program
359.050
Powers of Arts Program
359.065
Arts Program established
359.100
Grants and services from public and private sources
359.110
Gifts
359.120
Arts Trust Account
359.130
Powers not granted or transferred
359.135
Administrator
359.137
Staff
359.142
Rules
359.200
Definitions for ORS 359.200 to 359.255
359.205
Delivery of art work to dealer as consignment
359.210
Effect of treating art work delivery as consignment
359.215
Consignment does not create rights in consignee greater than those of consignor
359.220
Consignment contract requirements
359.225
Payment of sale proceeds of consigned work
359.230
Contract provision waiving protections for consignor is void
359.235
ORS 359.200 to 359.240 not to affect prior transactions
359.240
Secreting, withholding or appropriating art work or sale proceeds
359.250
Liability of art dealer for violation of ORS 359.220
359.255
Attorney fees
359.300
Definitions for ORS 359.300 to 359.315
359.305
Disclosure statements required
359.310
Contents of disclosure statement
359.315
Liability for failure to disclose
359.350
Definitions for ORS 359.350 to 359.365
359.355
Art work reproduction rights retained by artist unless expressly transferred
359.360
Ownership of physical work of art remains with artist unless expressly transferred
359.365
Ambiguity in agreement transferring right to reproduce art work resolved in favor of artist
359.400
Definitions for ORS 359.400 to 359.444
359.405
Trust for Cultural Development Account
359.407
Use of moneys transferred to trust for marketing and promotional costs
359.410
Board established
359.413
Board quorum
359.416
Board duties
359.421
Board staff
359.423
Board solicitation or acceptance of gifts, bequests, devises of money, securities or other property
359.426
Percentage that may be disbursed
359.431
Cultural Development Grant Program
359.436
Community Cultural Participation Grant Program
359.441
Core partner agencies disbursement
359.444
Allowable uses of funds by core partner agencies
Green check means up to date. Up to date