Funds set aside by any local government pursuant to a deferred compensation plan may be invested in any investment enumerated in ORS 294.035 and are not subject to the collateral requirements of ORS chapter 295.
ORS 294.033
Known as the Local Budget Law
The act spans §§ 294–294 (240 sections).
1977 c.470 §3; 1997 c.179 §26; 2005 c.91 §1
Official source: Oregon State Legislature. Reproduced from public-domain Oregon statutes; confirm against the official source for the current text. Not legal advice.