Oregon Statutes 358.390 – Revenue bonds and pledges of revenue not general obligations of city
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Revenue bonds issued under ORS § 358.375 and pledges of revenue under ORS § 358.385 shall not be construed as a general obligation of the issuing city. [1953 c.481 § 19; 1983 c.260 § 11]
Terms Used In Oregon Statutes 358.390
- City: includes any incorporated village or town. See Oregon Statutes 174.100
- 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.
[1953 c.481 § 20; repealed by 2007 c.783 § 234]
[1953 c.481 § 21; repealed by 2007 c.783 § 234]