Oregon Code § 384.325·Enacted ·Last updated March 01, 2026
Statute Text
Loans
for interstate ferry acquisition and operation; security.
The construction, purchase,
maintenance and operation of any ferry service under ORS 384.305 to 384.360 may
be financed in whole or in part by loans obtained from the United States
Government or any of its agencies, or from any other sources. As security for
the payment of such loans the revenues derived from the ferry service, over and
above the cost of its maintenance and operation, may be hypothecated or
pledged, but no such hypothecation or pledge of revenues shall constitute in
any manner, or to any extent be made to constitute, a general obligation of the
State of Oregon, or of any county, city, town or port making the pledge.
Plain English Explanation
This Oregon statute addresses Loans
. AI-powered analysis coming soon.
Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 384.325
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Loans
. 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 § 384.325. Use this format in legal documents and court filings.
Browse related sections using the links below, or search all Oregon statutes on FlawFinder.