As used in ORS 293.811 to 293.832:
- (1) “Company” means any sole proprietorship, organization, firm, association, corporation, utility, partnership, venture, public franchise, franchisor, franchisee or its wholly owned subsidiary that exists for profit-making purposes or otherwise to secure economic advantage.
- (2) “Fund of funds” means investment funds that function by secondary investment in a portfolio of other investments, including investment funds.
- (3) “Index funds” means pooled investments that are passively managed with an intent to match or track the performance of a market index.
- (4) “Invest” means to commit funds or other assets to a company. “Invest” includes making a loan or other extension of credit to a company, or owning or controlling a share or interest in a company or a bond or other debt instrument issued by a company.
- (5) “Investment” means the commitment of funds or other assets to a company for an interest in the company. “Investment” includes the ownership or control of a share or interest in a company or of a bond or other debt instrument issued by a company.
- (6) “Scrutinized company” means any company that currently has an investment, in the Sudan, from which federal law specifically allows public pension plans to divest.
- (7) “Sudan” means the Republic of the Sudan and any territory under the administration, legal or illegal, of Sudan, including but not limited to the Darfur region.
[2005 c.774 §3; 2013 c.722 §67]