Oregon Revised Statutes Chapter 267 § 267.227 — Relationship with Oregon Mass Transportation Financing Authority
Oregon Revised Statutes Chapter 267 ·
Oregon Code § 267.227·Enacted ·Last updated March 01, 2026
Statute Text
Relationship with Oregon Mass Transportation Financing Authority.
A mass transit district may enter
into contracts, leases, subleases and agreements with the Oregon Mass
Transportation Financing Authority. The obligation of a district to pay rentals
to the Oregon Mass Transportation Financing Authority shall not be considered
to be the incurring of bonded indebtedness by a district. A district shall
reimburse the Oregon Mass Transportation Financing Authority for all expenses
incurred by the authority in connection with any application by such district
for financial assistance under the Oregon Mass Transportation Financing Act. [1977
c.662 §18]
Plain English Explanation
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 267.227
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
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