Oregon Code § 289.100·Enacted ·Last updated March 01, 2026
Statute Text
Oregon
Facilities Authority; members; qualifications; term.
(1) There is created a body
politic and corporate to be known as the Oregon Facilities Authority. The
authority is constituted a public instrumentality, and the exercise by the
authority of the powers conferred by this chapter is the performance of an essential
public function.
(2) The authority
consists of seven members who must be residents of this state, not more than
four of whom are members of the same political party. The State Treasurer shall
appoint the members, and members serve at the pleasure of the State Treasurer. At
least one of the members must be an individual knowledgeable in the field of
state and municipal finance. At least one of the members must be an individual
knowledgeable in the building construction field.
(3) Upon the
expiration of the term of a member, the State Treasurer shall appoint a
successor for a term of four years.
(4) The State
Treasurer shall appoint an individual to fill a vacancy for the remainder of
the unexpired term. [1989 c.820 §3; 1991 c.408 §2; 2001 c.261 §1; 2007 c.785 §3]
Plain English Explanation
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 289.100
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
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