Oregon Code § 284.747·Enacted ·Last updated March 01, 2026
Statute Text
Oregon
Innovation Bond Fund.
(1) The Oregon Innovation Bond Fund is established in the State Treasury,
separate and distinct from the General Fund. The net proceeds from the sale of
revenue bonds issued under ORS 284.746 must be credited to the Oregon
Innovation Bond Fund. Investment earnings received on moneys in the fund must
be credited to the fund.
(2) Moneys in the
fund are continuously appropriated to the Oregon Innovation Council for the
purpose of making grants, loans and equity investments under ORS 284.742. [2011
c.610 §13; 2019 c.131 §13]
Plain English Explanation
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 284.747
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
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