Oregon Statutes 293.711 – Compensation and expenses of council members; chairperson
(1) Except as provided in subsection (2) of this section, a member of the Oregon Investment Council is entitled to compensation and expenses as provided in ORS § 292.495.
Terms Used In Oregon Statutes 293.711
- Person: includes individuals, corporations, associations, firms, partnerships, limited liability companies and joint stock companies. See Oregon Statutes 174.100
(2) A member of the council who is also a member of the Public Employees Retirement Board is entitled to compensation and expenses as provided in ORS § 238.640 (7) and (8).
(3) The council shall select one of its members as chairperson, for a term and with powers and duties necessary for the performance of the functions of the office as the council determines.
(4) A person may not serve as chairperson of the council for more than four years in any 12-year period. [1967 c.335 3,4; 1969 c.314 § 19; 2001 c.217 § 2; 2003 c.69 § 4; 2003 c.625 26,27; 2005 c.180 3,4; 2007 c.623 § 3]