Oregon Statutes 125.689 – Oregon Public Guardian and Conservator Fund
(1) The Oregon Public Guardian and Conservator Fund is established in the State Treasury, separate and distinct from the General Fund. Interest earned by the Oregon Public Guardian and Conservator Fund shall be credited to the fund. The fund consists of:
Terms Used In Oregon Statutes 125.689
- Conservator: means a person appointed as a conservator under the provisions of this chapter. See Oregon Statutes 125.005
- Guardian: A person legally empowered and charged with the duty of taking care of and managing the property of another person who because of age, intellect, or health, is incapable of managing his (her) own affairs.
- Guardian: means a person appointed as a guardian under the provisions of this chapter. See Oregon Statutes 125.005
- State Treasury: includes those financial assets the lawful custody of which are vested in the State Treasurer and the office of the State Treasurer relating to the custody of those financial assets. See Oregon Statutes 174.100
(a) Moneys appropriated or otherwise transferred to the fund by the Legislative Assembly;
(b) Moneys received from federal, state or local sources;
(c) Amounts donated to the fund;
(d) Investment earnings received on moneys in the fund; and
(e) Other amounts deposited in the fund from any source.
(2) Moneys in the fund are continuously appropriated to the Oregon Public Guardian and Conservator for the purposes of ORS § 125.675 to 125.691.
(3) Moneys in the fund may be invested and reinvested as provided in ORS § 293.701 to 293.857.
(4) Moneys in the fund may be used by the Oregon Public Guardian and Conservator for administrative costs and expenses of the Oregon Public Guardian and Conservator in performing the duties and functions under ORS § 125.675 to 125.691. [2017 c.310 § 7]