Oregon Code § 381.235·Enacted ·Last updated March 01, 2026
Statute Text
Formal
requirements and conditions of bonds.
Revenue bonds mentioned in ORS 381.230:
(1) Shall be made
to mature at such times and bear such annual rate of interest, payable
semiannually, as the authority issuing them may determine.
(2) May have
coupons attached representing the interest payments.
(3) Shall contain
a recital that the bonds and the interest thereon shall be limited in payment
to the special fund to be derived from tolls or other income from the bridge.
(4) May contain
such other terms and conditions and be in such form and signed by such official
or officials as the authority issuing the bonds shall determine, but the
coupons attached to the revenue bonds need bear only the facsimile signature of
the officer designated to sign the coupons.
Plain English Explanation
This Oregon statute addresses Formal
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 381.235
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Formal
. 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 § 381.235. Use this format in legal documents and court filings.
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