Oregon — State Statute

Oregon Revised Statutes Chapter 391 § 391.620 — Limitation on transfer of property rights

Oregon Revised Statutes Chapter 391 ·
Oregon Code § 391.620 · Enacted · Last updated March 01, 2026
Statute Text
Limitation on transfer of property rights. The Oregon Mass Transportation Financing Authority shall not convey its right, title and interest in mass transit facilities to any district, prior to the time the bonds secured thereby are fully paid, unless the authority has determined that adequate provision has been made for the payment of principal, interest and premiums, if any, on the bonds as they become due. [1977 c.662 §14]
Plain English Explanation
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This section of Oregon law addresses Limitation on transfer of property rights. 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 § 391.620. Use this format in legal documents and court filings.
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