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17 chapters · 940 sections in this title.
ORS 367.655 Loan of bond proceeds to cities and counties; use of loans; rules
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(1) Notwithstanding any other provision of law or any provision of charter or local ordinance to the contrary: (a) The Department of Transportation may loan a portion of proceeds from bonds issued under ORS 367.615 to cities and counties; and (b) Cities and counties may borrow mo…
ORS 367.660 Lien on certain moneys pledged for bonds; terms of lien
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If moneys under ORS 367.605 are pledged for purposes of bonds by indenture under ORS 367.640, a lien is established upon the moneys. A lien established by this section is subject to all of the following: (1) The lien is a first lien and security interest and prior charge upon the…
ORS 367.665 Interest on bonds exempt from state income tax
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The interest upon all bonds issued under ORS 367.615 and upon all refunding and advance refunding bonds issued under ORS chapter 286A is exempt from personal income taxation imposed by this state under ORS chapter 316. [1985 c.551 §12; 2007 c.783 §172a]
ORS 367.700 Authority to sell limited amount of bonds under ORS 367.700 to 367.750
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In addition to the authority now vested by any other provision of law state highway bonds of the State of Oregon used to provide funds for purposes of ORS 367.700 to 367.750 in the aggregate principal sum may not exceed $50 million. [1975 c.211 §1; 1981 c.660 §34]