(a) Must contain on its face a statement that the ad valorem taxing power of this state is not pledged to the payment of the principal or the interest on the bond.
(b) Shall be issued as provided in ORS chapter 286A.
(c) Must mature on or before a date determined by calculation of the expected economic life of the improvements, assets and projects financed with the proceeds of the bond.
(2) The State Treasurer shall determine, after consultation with the Department of Transportation, all aspects relating to the sale of bonds under ORS 383.200 that are not otherwise specifically provided in ORS 383.200 to 383.245. [2021 c.630 ยง152]
Structure 2021 Oregon Revised Statutes
Volume : 10 - Highways, Military
Section 383.003 - Definitions for ORS 383.001 to 383.245.
Section 383.004 - Establishment of tolls; rules.
Section 383.005 - Agreements for tollway projects; operation of projects.
Section 383.009 - Toll Program Fund; sources; uses.
Section 383.015 - Initiation of project; fees; rules; conditions for authorization; studies.
Section 383.017 - Property tax exemption; application of certain laws.
Section 383.027 - Issuance of revenue bonds by municipality for tollway project.
Section 383.035 - Toll payment; failure to pay toll; penalty.
Section 383.045 - Evidence from electronic toll collection system; payment of fees.
Section 383.075 - Driver records and information used to collect and enforce tolls; fees; rules.
Section 383.150 - Toll program.
Section 383.200 - Revenue bonds for tollway projects.
Section 383.205 - Sources of funds to secure revenue bonds for tollway projects.
Section 383.215 - Collection and use of federal transportation funds.
Section 383.225 - Revenue declaration or indenture; contents; purpose.