2021 Oregon Revised Statutes
Chapter 530 - State Forests; Community Forests
Section 530.147 - Forest Development Revenue Bond Fund.

(2) The Forest Development Revenue Bond Fund may be credited with:
(a) Moneys deposited in the fund from the State Forestry Department Account, to the extent that the State Forestry Department allocates proceeds from the sale of revenue bonds issued on or after July 28, 2009, under ORS 530.140 to the payment of bond-related costs;
(b) Proceeds from the disposal of lands acquired with revenue bonds that were issued on or after July 28, 2009, under ORS 530.140;
(c) Proceeds from the disposal of forest products, as defined in ORS 532.010, minerals or other forest-related values derived from the lands acquired with revenue bonds that were issued on or after July 28, 2009, under ORS 530.140; and
(d) Gifts, grants or any other unrestricted moneys paid to the State Forestry Department or the State Board of Forestry or appropriated by the Legislative Assembly that may be used for the purpose set forth in this section.
(3) The board or the State Forester may make covenants related to, or pledge moneys deposited in, the fund that the board or forester, after consultation with the State Treasurer, determines to be necessary or desirable for the repayment of revenue bonds and the payment of bond-related costs. [2009 c.831 §4]

Structure 2021 Oregon Revised Statutes