(1) The State Forestry Department may perform the functions assigned by the board that relate to forest resources.
(2) The State Department of Geology and Mineral Industries may perform the functions of the Department of State Lands that relate to mineral resources.
(3) The Department of Veterans’ Affairs may perform the functions of the Department of State Lands that relate to investment of funds in mortgages secured by real property.
(4) The State Treasurer may perform the functions of the Department of State Lands that relate to investments of funds administered by the Department of State Lands not described in subsection (3) of this section, and that relate to escheated property.
(5) The State Department of Agriculture may perform the functions assigned by the board and the functions pertaining to management and regulation of grazing land and other agricultural lands. [Formerly 273.595; 1995 c.589 §4; 2003 c.253 §17; 2005 c.625 §62]
Note: The amendments to 273.141 by section 58, chapter 678, Oregon Laws 2019, become operative July 1, 2021. See section 85, chapter 678, Oregon Laws 2019. The text that is operative on and after July 1, 2021, is set forth for the user’s convenience. In order to provide the Department of State Lands with the specialized assistance necessary to its operations and the transaction of its business, and in addition to other agreements that may be entered into under ORS 273.135, the department may enter into written agreements with the state agencies designated in this section for the operation of programs and activities assigned to the department. Subject to final review and approval by the State Land Board:
(1) The State Forestry Department may perform the functions assigned by the board that relate to forest resources.
(2) The State Department of Geology and Mineral Industries may perform the functions of the Department of State Lands that relate to mineral resources.
(3) The Department of Veterans’ Affairs may perform the functions of the Department of State Lands that relate to investment of funds in mortgages secured by real property.
(4) The Oregon Investment Council and the State Treasurer shall invest the funds administered by the Department of State Lands as provided under ORS 293.701 to 293.857.
(5) The State Department of Agriculture may perform the functions assigned by the board and the functions pertaining to management and regulation of grazing land and other agricultural lands.
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