If any property owned by the state is held as an asset of any special trust fund securing the payment of bonds, it may be exchanged, under the authority granted in ORS § 270.110, for other property of equal or superior value, and property so received in exchange shall be an asset of the fund in lieu of the property previously held. [1981 c.787 § 11; 1991 c.816 § 14]

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[Amended by 1963 c.203 § 1; repealed by 1967 c.421 § 206 and by 1967 c.616 § 29]