Oregon Revised Statutes Chapter 777 § 777.570 — Form
Oregon Revised Statutes Chapter 777 ·
Oregon Code § 777.570·Enacted ·Last updated March 01, 2026
Statute Text
Form
of bonds.
Revenue
bonds issued under ORS 777.560 (1):
(1) Shall be
negotiable instruments.
(2) Shall be
issued under ORS chapter 287A, but the requirements of ORS 287A.150 do not
apply.
(3) Shall contain
a recital that principal and interest on the revenue bonds are payable solely
out of revenues and property of the port pledged to the payment thereof by the
ordinance of the board authorizing the issue of which the bonds are a part.
(4) May contain
covenants of the port to protect and safeguard the security and rights of
holders of such bonds and such other terms and conditions, in conformity with
ORS 777.560 to 777.590, which the board determines are necessary or desirable
to protect the port or increase the marketability of the bonds. [1955 c.423 §4;
1959 c.337 §3; 1965 c.223 §4; 1971 c.728 §141; 1971 c.778 §1; 1981 c.879 §3;
1997 c.171 §24; 2007 c.783 §227]
Plain English Explanation
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 777.570
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Form
. Read the full statute text above for details.
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The formal citation is Oregon Code § 777.570. Use this format in legal documents and court filings.
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