2015 Oregon Revised Statutes
Volume : 10 - Highways, Military, Juvenile Code, Human Services
Chapter 367 - Transportation Financing; Projects
Section 367.750 - Constitutional debt limits not to be exceeded.

OR Rev Stat § 367.750 (2015) What's This?

The Department of Transportation may not issue or sell general obligation bonds under ORS 367.700 to 367.750 that, singly or in the aggregate with previous debts or liabilities incurred for the building and maintaining of permanent roads, exceed any limitation provided in the Oregon Constitution at the date of the issuance and sale of such bonds.

[1975 c.211 §11; 2003 c.201 §35]

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