Oregon § 267.394 Investment of certain funds held by TriMet

Oregon Statutes

§ 267.394 — Investment of certain funds held by TriMet

Oregon § 267.394

Vol.7

Title 24Public Organizations for Community Service

Ch. 267Mass Transit Districts; Transportation Districts

This text of Oregon § 267.394 (Investment of certain funds held by TriMet) is published on Counsel Stack Legal Research, covering Oregon primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Or. Rev. Stat. § 267.394 (2026).

Text

Notwithstanding any provision of ORS chapter 294 or ORS 295.001 to 295.108, funds held in trust by TriMet, as defined in ORS 197A.500, for the purpose of paying post-employment benefits other than pensions, and any funds necessary to pay the reasonable expenses of administering the trust, are not surplus funds for purposes of ORS 294.004 and may be invested in accordance with the standard of judgment and care for the investment of investment funds as set forth in ORS 293.726.

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Notwithstanding any provision of ORS chapter 294 or ORS 295.001 to 295.108, funds held in trust by TriMet, as defined in ORS 197A.500, for the purpose of paying post-employment benefits other than pensions, and any funds necessary to pay the reasonable expenses of administering the trust, are not surplus funds for purposes of ORS 294.004 and may be invested in accordance with the standard of judgment and care for the investment of investment funds as set forth in ORS 293.726.