(1) A public body, as defined in ORS § 287A.001, may issue revenue bonds for the purpose of financing a tollway project.

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Terms Used In Oregon Statutes 383.027

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • public body: means state government bodies, local government bodies and special government bodies. See Oregon Statutes 174.109

(2) A nonprofit corporation organized under Oregon law may issue revenue bonds for the purpose of financing a tollway project.

(3) Revenue bonds authorized by this section shall be issued as prescribed in ORS Chapter 287A. [2001 c.844 § 6; 2007 c.783 178,232d]

 

[Repealed by 1981 c.153 § 79]