Oregon Statutes 566.330 – Authority to enter into agreements with Secretary of Agriculture to administer trust assets
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The Department of State Lands is authorized to enter into agreements with the Secretary of Agriculture of the United States pursuant to section 2(f), Public Law 499, 81st Congress, upon such terms and conditions and for such periods of time as may be mutually agreeable, authorizing the secretary to accept, administer, expend and use in the State of Oregon all or any part of such trust assets for carrying out the purposes of Titles I and II of the Bankhead-Jones Farm Tenant Act, in accordance with the applicable provisions of Title IV thereof, as now or hereafter amended, and to do all things necessary to effectuate and carry out the purposes of such agreements. [Formerly 414.060 and then 414.830; 1995 c.152 § 2]
Terms Used In Oregon Statutes 566.330
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Public law: A public bill or joint resolution that has passed both chambers and been enacted into law. Public laws have general applicability nationwide.
- United States: includes territories, outlying possessions and the District of Columbia. See Oregon Statutes 174.100