Oregon Code § 383.235·Enacted ·Last updated March 01, 2026
Statute Text
Reserve account.
(1) The Department of Transportation may establish one or more separate reserve
accounts within, or separate and distinct from, the Toll Program Fund in
connection with the issuance of tollway project revenue bonds issued under ORS
383.200.
(2) The moneys
held in any account established under this section may be subject to the
provisions of any revenue declaration or indenture prepared under ORS 383.225. [2021
c.630 §151]
Plain English Explanation
This Oregon statute addresses Reserve account. AI-powered analysis coming soon.
Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 383.235
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Reserve account. Read the full statute text above for details.
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