ORS 565.539
Council finances

(1)

Moneys received by the State Fair Council must be promptly deposited in accordance with ORS 295.001 (Definitions for ORS 295.001 to 295.108) to 295.108 (State Treasurer rules) into an account established by the council.

(2)

The council may invest any moneys the council receives. Except as provided in subsection (3) of this section, investments that the council makes are:

(a)

Limited to investments described in ORS 294.035 (Investment of funds of political subdivisions);

(b)

Subject to the investment maturity date limitations described in ORS 294.135 (Investment maturity dates); and

(c)

Subject to the conduct prohibitions listed in ORS 294.145 (Prohibited conduct for custodial officer).

(3)

In addition to or in lieu of investments described in subsection (2) of this section, the council may invest in the investment pool described in ORS 294.805 (Definitions for ORS 294.805 to 294.895). For purposes of ORS 294.805 (Definitions for ORS 294.805 to 294.895) to 294.895 (Board duties, generally), the state fair director is a local government official.

(4)

Except as provided in this subsection, the state fair director shall provide to each meeting of the council a financial report that includes, but need not be limited to, a summary of account and investment activity, and copies of any account or investment statements received from a bank, investment firm or other source since the previous report was provided. The council may waive the financial report requirement if the council is meeting less than 30 days after a meeting to which the state fair director provided a financial report. [2013 c.492 §9; 2019 c.587 §47]

Source: Section 565.539 — Council finances, https://www.­oregonlegislature.­gov/bills_laws/ors/ors565.­html.

565.010
Definitions 565.190
Financing county exhibits at state fair 565.210
County fairs 565.220
County fair board 565.225
Removal of county fair board member 565.230
Management of county fairs 565.240
Rules and regulations 565.260
Fair board or agricultural society existing prior to June 4, 1913 565.265
Abolishment of county fair board 565.268
Agreements for fair association to exercise powers of county fair board 565.271
Initiation of proceedings for replacement of county fair board by fair district 565.275
Fair district 565.310
County fair not held 565.315
Handling and disbursing of moneys in connection with county fairs 565.325
County fair fund 565.445
County Fair Account 565.446
Legislative findings 565.447
Lottery proceeds allocation to County Fair Account 565.451
Definitions for ORS 565.451 to 565.575 565.456
State Fair Council 565.460
Council members 565.470
State fair director 565.480
Director powers and duties 565.495
Ownership and control of properties and facilities 565.515
Businesses that may be licensed 565.521
Conducting of Oregon State Fair 565.539
Council finances 565.545
Profit and loss reports 565.555
Budget 565.565
Unauthorized entry to fairgrounds 565.575
Oregon State Fair location 565.580
Armory on state fairgrounds 565.610
Conducting business on or near grounds of fair or society 565.620
Admission to grounds of fair or society except through special gates prohibited 565.630
Regulation of public events 565.640
Peace officers 565.650
Justices of the peace given jurisdiction 565.875
Conducting of or participation in rodeos 565.990
Penalties
Green check means up to date. Up to date

Current through early 2024

§ 565.539’s source at oregon​.gov