Or. Admin. R. 410-141-5165 – ASSET VALUATION AND PERMITTED INVESTMENTS: Prohibited Investments

(1) A CCO shall not make investments:
1. (a) Which at the time of purchase or acquisition are not interest-bearing or dividend or income-paying, or are in default in any respect; or
2. (b) From which the CCO is not entitled to receive for its exclusive account and benefit the interest, dividends or income.
(2) Subsection (1)(a) of this section shall not apply to property acquired under OAR 410-141-5115, OAR 410-141-5135 or OAR 410-141-5140 if the property is acquired with the intent and expectation that it shall be income-producing.
(3) A CCO shall not have any combination of investments in or secured by the stocks, obligations, and property of one person, corporation or political subdivision in excess of ten percent of the CCO's assets, nor shall it invest more than ten percent of its assets in a single parcel of real property or in any other single investment. This subsection does not apply to investments in, or loans upon, the security of the general obligations of a sovereign.
(4) A CCO shall not invest its funds in any investment or security found by the Authority to be designed to evade any prohibition of state or federal law.
(5) The Authority may issue a determination requiring the disposal of an investment which the Authority finds to be made or retained in violation of state or federal law, or of an investment which the Authority, for good cause, determines to be prejudicial to, or to impair the security of, the stockholders or Members of the CCO.

ORS 413.042, 414.572, 414.591 & 414.605

ORS 414.570-414.686 & 415.001-415.430