Oregon — State Statute

Oregon Revised Statutes Chapter 367 § 367.560 — Disposition and use of general obligation bond proceeds

Oregon Revised Statutes Chapter 367 ·
Oregon Code § 367.560 · Enacted · Last updated March 01, 2026
Statute Text
Disposition and use of general obligation bond proceeds. All moneys obtained from the sale of general obligation bonds under ORS 367.555 to 367.600 must be paid over to the State Treasurer and credited by the State Treasurer to either the State Highway Fund or the Toll Program Fund. Such moneys may be used only for the purposes for which the bonds were authorized to be sold and, pending the use of the moneys, may be invested as provided by law. [1973 c.698 §3; 2003 c.201 §20; 2021 c.630 §156]
Plain English Explanation
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This section of Oregon law addresses Disposition and use of general obligation bond proceeds. Read the full statute text above for details.
This page reflects the current text as of our last update. Always verify with the official Oregon legislature website for the most current version.
The formal citation is Oregon Code § 367.560. Use this format in legal documents and court filings.
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