Oregon Statutes 353.340 – Issuance and sale of revenue bonds by university
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Oregon Health and Science University may from time to time issue and sell revenue bonds in accordance with ORS Chapter 287A. However, the provisions contained in ORS § 287A.150 (2) to (6) do not apply to revenue bonds issued by the university. Such revenue bonds shall not in any manner nor to any extent be a general obligation of the university nor a charge upon any revenues or property of the university not specifically pledged thereto. An obligation described in this section is not an indebtedness of the State of Oregon. [1995 c.162 § 59; 1999 c.291 § 12; 2007 c.783 § 156]
Terms Used In Oregon Statutes 353.340
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
- Oregon Health and Science University: means the Oregon Health and Science University public corporation created under ORS § 353. See Oregon Statutes 353.010