(1) The Higher Education Coordinating Commission may enter into contracts with private and independent institutions of higher education for the performance of nonsectarian educational services to assist the state in providing educational opportunities for Oregon students.

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(2) The commission may accept grants, gifts, bequests, and devises of real and personal property to carry out the purposes of ORS § 350.630 to 350.655.

(3) No funds disbursed pursuant to ORS § 350.630 to 350.655 shall be used by any recipient for any religious purpose. [Formerly 352.730]