(1) There is established in the State Treasury a Capital Construction Trust Fund separate and distinct from the General Fund. Interest on the fund shall accrue to the fund.

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Terms Used In Oregon Statutes 461.555

  • 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

(2) The fund shall consist of amounts allocated to it from the Administrative Services Economic Development Fund.

(3) The fund is to be used to meet capital construction costs. [1991 c.461 § 77]

 

See note under 461.544.