Oregon Revised Statutes Chapter 328 § 328.565 — Power
Oregon Revised Statutes Chapter 328 ·
Oregon Code § 328.565·Enacted ·Last updated March 01, 2026
Statute Text
Power
to create indebtedness; zone academy bonds; tax credit bonds.
(1) As used in this section, qualified
zone academy bond has the meaning given the term in section 1397E of the
Internal Revenue Code, as amended and in effect on January 1, 2002.
(2) A district
school board may contract indebtedness as provided under ORS 287A.180.
(3) A district
school board may issue qualified zone academy bonds or similar tax credit bonds
authorized by resolution of the district school board. Unless the bond issue
has been approved by electors under ORS 328.205 to 328.304, the district school
board must issue revenue bonds as defined in ORS 287A.001. [Formerly 332.085
and then 332.125; 1983 c.124 §9; 1985 c.356 §4; 1993 c.97 §25; 2001 c.537 §5;
2007 c.783 §133; 2009 c.538 §17]
Plain English Explanation
This Oregon statute addresses Power
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 328.565
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Power
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