Oregon — State Statute

Oregon Revised Statutes Chapter 757 § 757.950 — Authorization to issue and sell revenue bonds

Oregon Revised Statutes Chapter 757 ·
Oregon Code § 757.950 · Enacted · Last updated March 01, 2026
Statute Text
Authorization to issue and sell revenue bonds. (1) Oregon Community Power may issue and sell revenue bonds as provided in ORS chapter 287A. However, ORS 287A.150 does not apply to revenue bonds issued by Oregon Community Power. Revenue bonds issued by Oregon Community Power are not a general obligation of Oregon Community Power and may not be a charge upon any revenues or property of Oregon Community Power that is not specifically pledged thereto. Any obligation of any kind incurred by Oregon Community Power under this section is not, and may not be considered, an indebtedness of the State of Oregon. (2) Revenue bonds or other financing agreements issued by Oregon Community Power under this section are bonds or obligations of a political subdivision of the State of Oregon for the purposes of all laws of this state. [2007 c.807 §39; 2009 c.538 §15] Note: See note under 757.812. (City Rights of Way)
Plain English Explanation
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This section of Oregon law addresses Authorization to issue and sell revenue bonds. 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 § 757.950. Use this format in legal documents and court filings.
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