Oregon Revised Statutes Chapter 367 § 367.635 — Bond
Oregon Revised Statutes Chapter 367 ·
Oregon Code § 367.635·Enacted ·Last updated March 01, 2026
Statute Text
Bond
form, issuance and maturity; provisions subject to determination of State
Treasurer.
(1) A
bond issued under ORS 367.615:
(a) Must contain
on its face a statement that the ad valorem taxing power of this state or any
political subdivision of this state is not pledged to the payment of the
principal or the interest on the bond.
(b) Shall be
issued as provided in ORS chapter 286A.
(c) Must mature
on or before a date determined by calculation of the expected economic life of
the improvements, assets and projects financed with the proceeds of the bonds.
Subject to this paragraph, the time bonds mature may be as established by
indenture under ORS 367.640.
(2) The State
Treasurer shall determine, in consultation with the department and consistent
with ORS chapter 286A, all aspects relating to the sale of bonds under ORS
Plain English Explanation
This Oregon statute addresses Bond
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 367.635
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Bond
. Read the full statute text above for details.
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The formal citation is Oregon Code § 367.635. Use this format in legal documents and court filings.
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