If the State Treasurer and the Oregon Investment Council terminate the operation of all investment pools created under ORS § 293.863, public bodies may establish by written agreement under ORS Chapter 190 one or more pools for the investment of proceeds for the purposes identified in ORS § 293.861. In establishing one or more such pools, the participating public bodies may exercise those powers conferred on the State Treasurer and the Oregon Investment Council by ORS § 293.863. [1973 c.748 § 4; 1979 c.608 § 1; 1995 c.245 § 11; 2007 c.783 § 122; 2013 c.338 § 4]

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