(1) At the request of the Oregon Business Development Department, the State Treasurer may issue under ORS § 285B.467 to 285B.479 and ORS Chapter 286A revenue bonds secured by moneys paid to the Special Public Works Fund pledged therefor to finance or refinance in whole or part the cost of acquisition, construction, reconstruction, improvement or extension of development projects. Refunding bonds may be issued to refinance the revenue bonds.

Ask a legal question, get an answer ASAP!
Click here to chat with a lawyer about your rights.

(2) The department or the State Treasurer may appoint bond counsel as prescribed in ORS § 286A.130. [Formerly 285.745; 2001 c.536 § 2; 2003 c.773 § 47; 2003 c.794 § 241; 2005 c.835 § 17; 2007 c.783 § 104; 2009 c.830 § 108]