Oregon Code § 777.770·Enacted ·Last updated March 01, 2026
Statute Text
Additional fiscal powers of export trading corporation.
For the purpose of carrying into
effect all or any of its powers, an export trading corporation may:
(1) Borrow money,
evidence such borrowing with its promissory notes or other obligations of
indebtedness, and pledge in whole or in part any of its assets or revenues not
subject to prior liens or pledges.
(2) Issue and
sell revenue bonds in the manner and upon the terms and conditions authorized
by ORS 777.560 to 777.590.
(3) Purchase,
negotiate and sell letters of credit, bills of lading, dock receipts, dock
warrants, drafts and other documents of title as defined in ORS 71.2010 (2)(p).
[1983 c.200 §11; 2009 c.181 §108]
Plain English Explanation
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 777.770
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
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