ORS 285A.709: Transfers to Port Planning and Marketing Fund.

(1) Notwithstanding ORS 285A.708 (1) and 285A.711, available moneys in the Oregon Port Revolving Fund that were accrued as repayments or net earned income of the fund may be transferred to the Port Planning and Marketing Fund created under ORS 285A.654.

      (2) Notwithstanding ORS 285A.654 (1)(b), moneys transferred to the Port Planning and Marketing Fund under this section may be used for payments of grants under ORS 285A.654 to 285A.660 to ports formed under ORS 285A.603 to 285A.732 or ORS chapter 777 or 778.

      (3) In addition to and notwithstanding any other law, an amount not to exceed five percent of the assets of the Oregon Port Revolving Fund as calculated on July 1 of each year may be transferred to the Port Planning and Marketing Fund under this section.