Oregon Law
Law as of Jan 1, 2026
Chapter contents
383.001Findings 383.002Interstate 5 bridge replacement project; description 383.003Definitions for ORS 383.001 to 383.245 383.004Establishment of tolls; rules 383.005Agreements for tollway projects; operation of projects 383.006[2007 c.531 §6; repealed by 2021 c.630 §153] 383.007[1995 c.668 §3a; 1997 c.390 §1; 1997 c.671 §3; repealed by 2001 c.844 §9] 383.008Interstate 5 Bridge Toll Account 383.009Toll Program Fund; sources; uses 383.010[Repealed by 1981 c.153 §79] 383.011Contract terms regarding entry into possession by Department of Transportation; eminent domain 383.013[1995 c.668 §6; 2001 c.844 §3; repealed by 2021 c.630 §153] 383.014Interstate system compatibility; rules 383.015Initiation of project; fees; rules; conditions for authorization; studies 383.017Property tax exemption; application of certain laws 383.019Agreements between department and private entities regarding maintenance of tollways 383.020[Repealed by 1981 c.153 §79] 383.021[1995 c.668 §10; repealed by 2001 c.844 §9] 383.023[1995 c.668 §11; 2007 c.783 §177; repealed by 2021 c.630 §153] 383.025Certain information provided to Department of Transportation exempt from disclosure 383.027Issuance of revenue bonds by municipality for tollway project 383.030[Repealed by 1981 c.153 §79] 383.035Toll payment; failure to pay toll; penalty 383.040[Repealed by 1981 c.153 §79] 383.045Evidence from electronic toll collection system; payment of fees 383.050[Repealed by 1981 c.153 §79] 383.055Assessment and collection of unpaid tolls; rules 383.060[Repealed by 1981 c.153 §79] 383.065[2007 c.531 §7; repealed by 2021 c.630 §153] 383.070[Repealed by 1981 c.153 §79] 383.075Driver records and information used to collect and enforce tolls; fees; rules 383.080[Repealed by 1981 c.153 §79] 383.090[Repealed by 1981 c.153 §79] 383.100[Repealed by 1981 c.153 §79] 383.110[Repealed by 1981 c.153 §79] 383.120[Repealed by 1981 c.153 §79] 383.130[Repealed by 1981 c.153 §79] 383.140[Repealed by 1981 c.153 §79] 383.150Toll program 383.155[2017 c.750 §120a; repealed by 2021 c.630 §138] 383.200Revenue bonds for tollway projects 383.205Sources of funds to secure revenue bonds for tollway projects 383.210[Repealed by 1981 c.153 §79] 383.215Collection and use of federal transportation funds 383.220[Amended by 1971 c.741 §29; repealed by 1981 c.153 §79] 383.225Revenue declaration or indenture; contents; purpose 383.230[Repealed by 1981 c.153 §79] 383.235Reserve account 383.240[Repealed by 1981 c.153 §79] 383.245Bond form, issuance and maturity; provisions subject to determination of State Treasurer 383.250[Repealed by 1981 c.153 §79] 383.260[Repealed by 1981 c.153 §79] 383.270[Repealed by 1981 c.153 §79] 383.280[Repealed by 1981 c.153 §79] 383.310[Repealed by 2007 c.531 §19] 383.315[1995 c.668 §13; repealed by 2007 c.531 §19] 383.320[Repealed by 2007 c.531 §19] 383.330[Repealed by 2007 c.531 §19] 383.340[Repealed by 2007 c.531 §19] 383.350[Repealed by 2007 c.531 §19] 383.360[Repealed by 2007 c.531 §19] 383.370[Repealed by 2007 c.531 §19] 383.380[Repealed by 2007 c.531 §19] 383.385[1997 c.671 §1; repealed by 2007 c.531 §19] 383.386[1997 c.671 §2; 2001 c.844 §8; repealed by 2007 c.531 §19]

Chapter 383 — Tollways

ORS 383.245 Bond form, issuance and maturity; provisions subject to determination of State Treasurer

(1)

A tollway project revenue bond issued under ORS 383.200:

(a)

Must contain on its face a statement that the ad valorem taxing power of this state is not pledged to the payment of the principal or the interest on the bond.

(b)

Shall be issued as provided in ORS chapter 286A.

(c)

Must mature on or before a date determined by calculation of the expected economic life of the improvements, assets and projects financed with the proceeds of the bond.

(2)

The State Treasurer shall determine, after consultation with the Department of Transportation, all aspects relating to the sale of bonds under ORS 383.200 that are not otherwise specifically provided in ORS 383.200 to 383.245.

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