Chapter 341 — Community Colleges
ORS 341.728 Community College Bond Building Fund
The Community College Bond Building Fund is established in the State Treasury, separate and distinct from the General Fund.
The Community College Bond Building Fund shall consist of moneys realized from the sale of bonds issued pursuant to Article XI-G of the Oregon Constitution and ORS 286A.848 for the benefit of community colleges.
Moneys in the Community College Bond Building Fund are continuously appropriated to the Higher Education Coordinating Commission and may be distributed by the commission pursuant to grant contracts entered into between the commission and community colleges under ORS 286A.851.
Moneys in the Community College Bond Building Fund may be invested as provided in ORS 286A.025 until needed for distribution under subsection (3) of this section. If a surplus remains in the fund after disbursement, the surplus and earnings from temporary investments shall be credited to the Article XI-G Bond Fund established under ORS 286A.854.
Official sources · 2Tap to view provenance and version history
Provenance
2025 Oregon Revised Statutes — official online source
Official online edition
- Source
- oregonlegislature.gov
- SHA-256
4ae5ce30…db24069f- Review
- auto verified
Version history
Earlier statutory text is available in an ingested published ORS edition.
2025 Oregon Revised Statutes — official online source · active · operative text
Official source2023 Oregon Revised Statutes · active · operative text
Official source