BP 6320 – Investments

The President is responsible for ensuring that the funds of Columbia Gorge Community College are invested, that are not required for the immediate needs of Columbia Gorge Community College.

Investments shall be in accordance with state law.

Investments shall be made based on the following criteria:

• The preservation of principal shall be of primary importance.
• The investment program must remain sufficiently flexible to permit the College to meet all operating requirements.
• Transactions should be avoided that might impair public confidence.

Legal Reference(s):
1. ORS 294.805 to 294.895 (Local Government Investment Pool)