(a) Deposited into one or more accounts established by the board in depositories insured by the Federal Deposit Insurance Corporation or the National Credit Union Administration, and the governing board shall ensure that sufficient collateral secures any amount of funds on deposit that exceeds the limits of the coverage of the Federal Deposit Insurance Corporation or the National Credit Union Administration; or
(b) Held, kept, pledged, controlled, conveyed, managed, used, loaned, expended and invested as set forth in ORS 352.087 and 352.102.
(2) Upon a request by the State Treasurer, a public university listed in ORS 352.002 shall enter into a written agreement with the state that provides for the State Treasurer to receive, hold, keep, manage and invest any amounts under the control of the university that the State Treasurer determines should be held by the State Treasurer to provide for payment of state bonds and other state obligations that are to be paid from appropriations described in ORS 352.089 (4), revenues of the university or other moneys under the control of the university. The agreement may, at the request of the State Treasurer, require the university to pay the costs incurred by the State Treasurer in connection with entering into and carrying out the agreement.
(3) Upon a request by a public university listed in ORS 352.002, the State Treasurer may receive, hold, keep, manage and invest any or all moneys, appropriations, gifts, bequests or revenues of the university from any source in accordance with an agreement entered into between the State Treasurer and the university and with the policies and procedures established by the State Treasurer, including the recoupment of costs incurred by the State Treasurer in carrying out these tasks.
(4) As used in this section, "depository" has the meaning given that term in ORS 295.001. [2013 c.768 §15; 2015 c.774 §39; 2017 c.440 §22; 2019 c.587 §38]
Structure 2021 Oregon Revised Statutes
Volume : 09 - Education and Culture
Chapter 352 - Public Universities
Section 352.002 - Public universities.
Section 352.025 - Legislative findings.
Section 352.027 - Legislative intent.
Section 352.029 - Definitions for ORS 352.025 to 352.146 and 352.388 to 352.415.
Section 352.033 - Status of public universities.
Section 352.039 - Goals and mission of public universities.
Section 352.054 - Names of governing boards of public universities.
Section 352.061 - Annual evaluations of public universities; components of evaluation; rules.
Section 352.069 - Biennial report of public universities; components of report.
Section 352.076 - Formation and maintenance of a governing board for public universities.
Section 352.087 - Powers and duties of governing board and public universities.
Section 352.102 - Tuition and mandatory enrollment fees.
Section 352.105 - Mandatory incidental fees; resolution of disputes.
Section 352.121 - University police departments and officers; standards.
Section 352.124 - Collective bargaining; audits of public accounts.
Section 352.129 - Shared services; continued participation.
Section 352.132 - Use of outside counsel; reports.
Section 352.135 - Use and investment of moneys; role of State Treasurer.
Section 352.138 - Applicability of laws to public universities.
Section 352.157 - Construction and acquisition of buildings and structures.
Section 352.198 - Authority of public universities to require fingerprints.
Section 352.218 - Affirmative action plan; interview of qualified minority applicants.
Section 352.226 - Personnel records; standards; exemptions.
Section 352.268 - Physical access committees; members; duties.
Section 352.281 - Use of name other than legal first name.
Section 352.293 - Rights of student ordered to active duty; standards; rules.
Section 352.306 - Honorary degrees for persons ordered to internment camp.
Section 352.372 - Findings and policy for ORS 352.365 to 352.379.
Section 352.388 - Definitions for ORS 352.388 to 352.415.
Section 352.450 - Public University Fund.
Section 352.605 - University of Oregon School of Law.
Section 352.612 - Oregon State Museum of Anthropology.
Section 352.618 - Center for Brain, Biology and Machine.
Section 352.624 - Condon Collection at University of Oregon Museum of Natural and Cultural History.
Section 352.691 - Center for Lakes and Reservoirs.
Section 352.697 - Graduate School of Social Work.
Section 352.703 - Institute of Portland Metropolitan Studies.
Section 352.745 - Oregon Renewable Energy Center.
Section 352.752 - Oregon Center for Health Professions.
Section 352.808 - Institute for Natural Resources.
Section 352.816 - Oregon Climate Service.
Section 352.823 - Oregon Climate Change Research Institute.