Oregon Statutes 757.425 – State not obligated following approval of issuance
Current as of: 2023 | Check for updates
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No provision of ORS § 757.405 to 757.450 or ORS § 757.457, 757.459, 757.461 and 757.463, and no deed or act done or performed under or in connection therewith, shall be held or construed to obligate the State of Oregon or any agency of state government, as defined in ORS § 174.111, to pay or guarantee, in any manner whatsoever, any stock or bond, note or other evidence of indebtedness, authorized, issued or executed under the provisions of ORS § 757.405 to 757.450 or ORS § 757.457, 757.459, 757.461 and 757.463. [Amended by 2023 c.529 § 9]
Terms Used In Oregon Statutes 757.425
- Deed: The legal instrument used to transfer title in real property from one person to another.
- Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
- state government: means the executive department, the judicial department and the legislative department. See Oregon Statutes 174.111