2011 Oregon Revised Statutes
ORS Volume 9, Chapters 326 - 365
ORS Chapter 351
351.455 Deposit of proceeds of Article XI-F(1) and Article XI-G bonds in subaccount.
(1) Proceeds of bonds issued pursuant to Article XI-F(1) of the Oregon Constitution and interest earnings on those proceeds shall be deposited in the appropriate subaccount of the account designated by ORS 351.450 and expended for the purposes described in Article XI-F(1) of the Oregon Constitution, including payment of costs related to issuing those bonds and debt service on those bonds.
(2) Proceeds of bonds issued pursuant to Article XI-G of the Oregon Constitution for the Oregon University System and interest earnings on those proceeds shall be deposited in the appropriate subaccount of the account designated by ORS 351.450 and expended for the purposes described in Article XI-G of the Oregon Constitution, including payment of costs related to issuing those bonds and debt service on those bonds. [1991 c.647 4; reenacted by 1993 c.538 3; 1995 c.110 3; 2007 c.783 151; 2009 c.762 11; 2011 c.2 7]
Disclaimer: These codes may not be the most recent version. Oregon may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
