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2011 Oregon Revised Statutes
ORS Volume 10, Chapters 366 - 430
ORS Chapter 367
367.595 Setting aside sufficient moneys to pay maturing obligations.


OR Rev Stat § 367.595 (through Leg Sess 2011) What's This?

The Department of Transportation shall compute and determine in January of each year, after the sale of bonds under ORS 367.555 to 367.600, the amount of principal and interest that will fall due during such year on general obligation bonds then outstanding and unpaid and shall maintain or hold in the State Highway Fund sufficient moneys to pay such maturing obligations. [1973 c.698 10; 2003 c.201 22]

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