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2019 Oregon Revised Statutes
Volume : 07 - Public Facilities and Finance
Chapter 286A - State Borrowing
Section 286A.118 - Termination payment of conduit borrower.
Universal Citation: OR Rev Stat § 286A.118 (2019)
With the approval of the State Treasurer, a related agency may lend moneys derived from an issuance and sale of bonds to a conduit borrower of proceeds from outstanding, previously issued conduit revenue bonds for the purpose of paying a termination payment due under an agreement for exchange of interest rates entered into by the conduit borrower in relation to the outstanding, previously issued conduit revenue bonds. [2009 c.538 §4]
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