Oregon Code § 341.715·Enacted ·Last updated March 01, 2026
Statute Text
Short-term bonds.
(1) As provided by ORS 287A.180, the board of a community college district may
contract indebtedness by the issuance of short-term bonds for the purpose of
meeting current expenses, retiring outstanding bonds or warrants, or paying the
interest thereon.
(2) The board of
the district in which indebtedness was incurred under this section shall levy
an annual tax on all taxable property in the district sufficient to meet the
interest payments and retire the indebtedness, but no tax shall be necessary
where other provisions are made for payment of the indebtedness. [1971 c.513 §53;
1983 c.124 §10; 1985 c.356 §5; 1993 c.97 §26; 2007 c.783 §139]
Plain English Explanation
This Oregon statute addresses Short-term bonds. AI-powered analysis coming soon.
Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 341.715
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Short-term bonds. Read the full statute text above for details.
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