Oregon § 326.520 Acquisition of intellectual property by board

Oregon Statutes

§ 326.520 — Acquisition of intellectual property by board

Oregon § 326.520

Vol.9

Title 30Education and Culture

Ch.326

This text of Oregon § 326.520 (Acquisition of intellectual property by board) 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. § 326.520 (2026).

Text

The State Board of Education may acquire intellectual property of any kind, whether patentable or copyrightable or not, including patents, copyrights, inventions, discoveries, processes and ideas. Such property may be acquired:

(1)By gift.

(2)By outright purchase with money in the Board of Education Invention Fund or otherwise made available for such purpose.

(3)By assignment pursuant to a contract whereby the board undertakes to aid in the development of the assigned property and to pay the assignor a share of any money received on account of its ownership or management thereof.

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The State Board of Education may acquire intellectual property of any kind, whether patentable or copyrightable or not, including patents, copyrights, inventions, discoveries, processes and ideas. Such property may be acquired:
(1) By gift.
(2) By outright purchase with money in the Board of Education Invention Fund or otherwise made available for such purpose.
(3) By assignment pursuant to a contract whereby the board undertakes to aid in the development of the assigned property and to pay the assignor a share of any money received on account of its ownership or management thereof.