Oregon Revised Statutes Chapter 470 § 470.280 — General obligation bond repayment from sinking fund
Oregon Revised Statutes Chapter 470 ·
Oregon Code § 470.280·Enacted ·Last updated March 01, 2026
Statute Text
General obligation bond repayment from sinking fund.
(1) The State Treasurer shall make
payment of the principal of and the interest and redemption premium, if any, on
any general obligation bond issued under ORS 470.220 to 470.290 from the Small
Scale Local Energy Project Administration and Bond Sinking Fund.
(2) The State
Treasurer shall compute and determine in January of each year, after the sale
of bonds under ORS 470.220 to 470.290 and Article XI-J of the Oregon
Constitution, the amount of principal, interest and redemption premiums that
will fall due during the year on bonds then outstanding and unpaid and shall
maintain or hold in the sinking fund sufficient moneys to pay such maturing
obligations. [1979 c.672 §§21,24; 2005 c.201 §12; 2009 c.753 §71]
Plain English Explanation
This Oregon statute addresses General obligation bond repayment from sinking fund. AI-powered analysis coming soon.
Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 470.280
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses General obligation bond repayment from sinking fund. 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 § 470.280. Use this format in legal documents and court filings.
Browse related sections using the links below, or search all Oregon statutes on FlawFinder.