Oregon Law
Law as of Jan 1, 2024
Chapter contents
289.005Definitions for ORS chapter 289 289.010Findings; purpose 289.100Oregon Facilities Authority; members; qualifications; term 289.105Official action to undertake project 289.110Duties and powers with respect to projects 289.115Functions 289.120Limitation on manner of operating project and expenditure of funds 289.125Rules; fees 289.130Oregon Facilities Authority Account 289.200Issuance of revenue bonds; role of State Treasurer; role of Oregon Facilities Authority; fees 289.205Expenses of State Treasurer 289.210Refunding bonds 289.215Validity of bonds not affected by other matters regarding project 289.220Covenants regarding bond issuance 289.225Sources of bond repayment restricted; recitations in bonds 289.230Actions by bondholders to enforce rights 289.235Loan of bond proceeds for projects; state not required to have ownership or leasehold interest 289.240Report of bonding activities; rules 289.250Limitation on income tax exemption for interest on revenue bonds

Chapter 289 — Oregon Facilities Financing

ORS 289.235 Loan of bond proceeds for projects; state not required to have ownership or leasehold interest

The state, acting through the State Treasurer and the Oregon Facilities Authority, or either of them, may lend the proceeds of the bonds authorized by this chapter for eligible projects without the necessity of the state having any ownership or leasehold interest in the eligible projects. Loans made pursuant to this section shall be secured to the extent considered necessary or desirable by the State Treasurer and the authority to assure repayment of the bonds.

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Online copy of the published ORS edition

Provenance

Version history

Prior statutory text is not available in the ingested published editions. Consult an earlier official ORS edition or the cited Oregon Laws chapter.