Oregon Code § ORS 293.793

Purchase or acquisition of state government bonds
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(1) As used in this section:
(a) Related agency has the meaning given that term in ORS 286A.001.
(b) State government has the meaning given that term in ORS 174.111.
(2) If the State Treasurer, acting as investment officer, or a trustee, investing moneys for a related agency, purchases or acquires bonds issued by state government, the purchase or acquisition does not cancel or extinguish the bonds.

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