Oregon Code § 759.320·Enacted ·Last updated March 01, 2026
Statute Text
Application of ORS 759.315.
ORS 759.315 does not apply to the issuance, renewal or assumption of liability
on any evidence of indebtedness when such issuance, renewal or assumption is
for the purpose of acquiring specific real or personal property, if the
aggregate principal amount thereof, together with all other then outstanding
evidences of indebtedness issued, renewed or assumed under this section, does
not exceed whichever is the greater of the following amounts:
(1) The amount of
$75,000.
(2) The amount of
one-half of one percent of the sum of:
(a) The total
principal amount of all bonds or other securities representing secured
indebtedness of the telecommunications utility issued or assumed and then
outstanding; and
(b) The capital
and surplus as then stated on the books of account of the telecommunications
utility. [1987 c.447 §32]
Plain English Explanation
This Oregon statute addresses Application of ORS 759.315. AI-powered analysis coming soon.
Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 759.320
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Application of ORS 759.315. 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 § 759.320. Use this format in legal documents and court filings.
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