2011 Oregon Revised Statutes
ORS Volume 9, Chapters 326 - 365
ORS Chapter 351
351.473 Definitions for ORS 351.473 to 351.485.

As used in ORS 351.473 to 351.485:

(1) Bond-related costs means:

(a) The costs and expenses of issuing, administering and maintaining higher education revenue bonds including, but not limited to, the costs of:

(A) Paying or redeeming higher education revenue bonds.

(B) Paying amounts due in connection with credit enhancement devices or agreements for exchange of interest rates.

(C) Paying the fees, administrative costs and expenses of the State Treasurer and the Oregon University System, including the costs of consultants or advisers retained by the State Treasurer or the Chancellor of the Oregon University System, for the higher education revenue bonds.

(b) The costs of funding reserves for the higher education revenue bonds.

(c) Capitalized interest for the higher education revenue bonds.

(d) Rebates or penalties due to the United States in connection with the higher education revenue bonds.

(e) Any other costs or expenses that the State Treasurer or the chancellor determines are necessary or desirable in connection with issuing and maintaining the higher education revenue bonds.

(2) Higher education revenue bonds means revenue bonds issued pursuant to ORS 351.476.

(3) Higher education revenues includes:

(a) Tuition, fees and charges imposed or collected by the Oregon University System, or by one of the public universities in the system; and

(b) Moneys appropriated, allocated or otherwise made available to the Oregon University System, or to one of its universities, by the Legislative Assembly, if those moneys are lawfully available to pay the bond-related costs of higher education revenue bonds. [2011 c.637 24]