(a) The chairperson of the Oregon Transportation Commission or the chairperson’s designee;
(b) The State Treasurer or State Treasurer’s designee; and
(c) The chairperson of the Oregon Investment Council or the chairperson’s designee.
(2) Persons given authority to approve a transfer under subsection (1) of this section may only refuse to approve a transfer for reasons relating to the financial effect of the transfer. [1983 c.306 §3]