(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. [Formerly 273.595; 1995 c.589 §4; 2003 c.253 §17; 2005 c.625 §62; 2019 c.678 §58]