Oregon Law
Law as of Jan 1, 2026
Chapter contents
777.003[1987 c.607 §3; renumbered 285.800 in 1991] 777.005Definitions for ORS 777.005 to 777.725 and 777.915 to 777.953 777.010Areas that may be included in port 777.015[Amended by 1967 c.342 §2; repealed by 1971 c.727 §203] 777.020[Amended by 1959 c.602 §2; 1963 c.252 §1; repealed by 1971 c.727 §203] 777.022[1959 c.602 §4; 1963 c.252 §2; repealed by 1971 c.727 §203 and by 1971 c.728 §138] 777.025[Amended by 1967 c.342 §3; repealed by 1971 c.647 §149 and by 1971 c.728 §138] 777.030[Amended by 1959 c.57 §1; 1963 c.252 §3; repealed by 1971 c.647 §149] 777.035[Amended by 1967 c.342 §4; repealed by 1971 c.727 §203] 777.040[Amended by 1959 c.602 §5; repealed by 1971 c.727 §203] 777.045[Repealed by 1971 c.647 §149 and by 1971 c.727 §203] 777.050Operation and effect of proclamation; general corporate powers and capacity 777.055[Repealed by 1971 c.728 §138] 777.060[Amended by 1963 c.268 §18; repealed by 1971 c.727 §203] 777.065Development of port facilities at certain ports as state economic goal; state agencies to assist ports 777.080Application of special district election laws to ports 777.090Agreements between ports; allocation of expenses and revenues 777.095Agreement between Port of Astoria and State Land Board concerning deepwater port facility at Tongue Point; division of revenue; board’s share credited to Common School Fund 777.100Annual report to legislative committees concerning agreements made under ORS 777.090 777.105Bay, river and harbor improvement 777.108Agreements between two or more ports 777.110Contracts with federal government 777.112Contracts or intergovernmental agreements between ports and others 777.113Port assistance to public bodies within port boundaries 777.115[Repealed by 1971 c.728 §16 (777.116 enacted in lieu of 777.115)] 777.116Port may acquire real and personal property; appraisal by state certified appraiser required; purchase contract limited 777.120Port’s authority over harbors, wharf lines and navigation 777.125Ports may maintain tug and pilotage service; charges; port’s liability limited; salvage claims 777.130[Amended by 1963 c.219 §1; 1963 c.365 §1; 1965 c.445 §1; 1967 c.416 §2; 1969 c.497 §1; repealed by 1971 c.728 §21 (777.195 to 777.258 enacted in lieu of 777.130)] 777.132Authority of ports to distribute water; construct and maintain marina and recreation facilities 777.133Coordination with other ports 777.135Board of port commissioners; qualifications; appointment; term; first meeting; election; vacancies 777.137Designation of position numbers for commissioners 777.140Board meetings; board officers; rules; public records 777.145[Repealed by 1969 c.345 §20] 777.150Port employees; compensation 777.155Division of ports into subdistricts 777.160Representation by subdistricts; terms of commissioners after subdistricting 777.165Vacancies 777.170[Amended by 1971 c.728 §40; 1975 c.647 §51; repealed by 1981 c.173 §54 (777.171 enacted in lieu of 777.170)] 777.171[1981 c.173 §55 (enacted in lieu of 777.170); repealed by 1983 c.350 §331a] 777.175[Repealed by 1971 c.728 §138] 777.180Powers of ports created by special laws 777.185[Amended by 1963 c.327 §1; 1971 c.545 §1; repealed by 1971 c.728 §16 (777.116 enacted in lieu of 777.185)] 777.187[1967 c.186 §2; repealed by 1971 c.728 §16 (777.116 enacted in lieu of 777.187)] 777.190Ordinances for policing or regulating of port property 777.195Port may engage in certain water commerce-related activities 777.205[1963 c.209 §3; repealed by 1971 c.727 §203] 777.210Port may engage in certain port management activities 777.215[1963 c.209 §4; repealed by 1971 c.727 §203] 777.220Port may collect certain fees from port users 777.225[1963 c.209 §5; repealed by 1971 c.727 §203] 777.230Port may generate electric power; sale of power limited to utilities and federal agency; use of natural gas as fuel for generating facilities 777.240Port may advertise and promote facilities, commerce and activities 777.250Port powers with respect to development and use of its lands; industrial or research and development parks; sports, recreation, convention, trade show facilities 777.255[Repealed by 1963 c.268 §21] 777.258General powers of port in promotion of certain interests 777.260[Repealed by 1963 c.268 §21] 777.262Port dredging activities; legislative findings and purpose 777.265[Repealed by 1963 c.268 §21] 777.267Marine Navigation Improvement Fund 777.270[Amended by 1959 c.602 §6; repealed by 1963 c.268 §21] 777.271Authority of rural ports to operate telecommunications facilities; exceptions 777.272[1959 c.602 §8; repealed by 1963 c.268 §21] 777.273Authority of ports to operate pipelines; exceptions 777.275[Repealed by 1963 c.268 §21] 777.277Definitions for ORS 777.277 to 777.287 777.279[1997 c.644 §2; 2001 c.942 §8; repealed by 2003 c.741 §17] 777.280[Repealed by 1963 c.268 §21] 777.282Channel Deepening Account; Channel Deepening Debt Service Account; payments to primary sponsor 777.284Grant agreement with primary sponsor; request for issuance of lottery bonds 777.285[Repealed by 1963 c.268 §21] 777.287Agreements with federal agencies 777.289[1997 c.644 §6; 2001 c.942 §11; repealed by 2003 c.741 §17] 777.290[Repealed by 1963 c.268 §21] 777.295[Repealed by 1963 c.268 §21] 777.300[1963 c.268 §2; repealed by 1971 c.727 §203] 777.303[1963 c.268 §3; repealed by 1971 c.727 §203] 777.305[Repealed by 1963 c.268 §21] 777.307[1963 c.268 §4; repealed by 1971 c.727 §203] 777.310[Repealed by 1963 c.268 §21] 777.313[1963 c.268 §5; repealed by 1971 c.727 §203] 777.315[Repealed by 1963 c.268 §21] 777.317[1963 c.268 §6; repealed by 1971 c.727 §203] 777.320[Repealed by 1963 c.268 §21] 777.323[1963 c.268 §7; repealed by 1971 c.727 §203] 777.325[Amended by 1959 c.602 §9; repealed by 1963 c.268 §21] 777.326Special procedure for annexations increasing by one-half or more the area or assessed value of taxable property within the port 777.327[1959 c.602 §11; repealed by 1963 c.268 §21] 777.328[1963 c.268 §8; repealed by 1971 c.727 §203] 777.330[Repealed by 1963 c.268 §21] 777.333[1963 c.268 §9; repealed by 1971 c.727 §203 and by 1971 c.728 §138] 777.335[Repealed by 1963 c.268 §21] 777.337[1963 c.268 §10; repealed by 1971 c.727 §203] 777.340[Repealed by 1963 c.268 §21] 777.343[1963 c.268 §11; repealed by 1971 c.727 §203] 777.345[Repealed by 1963 c.268 §21] 777.347Consent of Department of State Lands for state lands 777.350[Repealed by 1963 c.268 §21] 777.353Annexation of enclave 777.355[Repealed by 1963 c.268 §21] 777.357[1963 c.268 §14; repealed by 1971 c.727 §203] 777.360[1963 c.268 §15; repealed by 1971 c.647 §149 and by 1971 c.727 §203 and by 1971 c.728 §138] 777.365Name change of port; notice 777.370[1963 c.268 §17; repealed by 1971 c.727 §203] 777.395[1967 c.416 §3; 1971 c.728 §18; repealed by 1975 c.771 §33] 777.405Deposit and disbursement of moneys; financial records 777.410Ports may borrow money and issue bonds 777.415Resolution and election prerequisite to issuance of bonds 777.420[Repealed by 1957 c.375 §3] 777.425[Repealed by 1957 c.375 §3] 777.430Taxing powers of ports 777.435Levy, assessment and collection of taxes 777.437Filing boundary change with county assessor and Department of Revenue 777.440Levy of special tax by county court upon default of port officers 777.445Procedure subsequent to levy under ORS 777.440 777.447Promissory notes authorized for port development purposes; limitations; form; payment 777.450[Repealed by 1971 c.728 §138] 777.455Authority to issue refunding bonds for specified purposes; amounts 777.460Refunding bonds; terms and conditions; bond call 777.465Disposition of refunding bonds 777.470Levy of tax to meet principal and interest; amount required; disposition of proceeds of tax 777.475Remedies of holders of refunding bonds on default 777.480Construction of ORS 777.455 to 777.505 777.485Compromise and refunding agreements; contents; subsequent procedure; effect 777.490[Repealed by 1971 c.728 §138] 777.495[Amended by 1965 c.223 §2; repealed by 1971 c.728 §138] 777.500Advertisement of bonds; bids; rejection of bids; readvertisement; time of sale limited 777.505Delivery of bonds to purchaser; deposit of sale proceeds; redemption and retirement of refunded bonds 777.510Port warrants; execution; contents 777.515Payment of warrants; interest on warrants 777.520Special tax levy, rate, use of proceeds; bond sinking fund 777.525[Repealed by 1971 c.728 §138] 777.530Special assessments for local improvement; assessment ordinance; assessment districts 777.535Installment payment of special assessment; limitation 777.560Ports may issue and sell revenue bonds; use of proceeds 777.565Resolution or ordinance authorizing revenue bonds and creating special trust fund 777.570Form of bonds 777.575Sale of bonds 777.580[1955 c.423 §6; 1959 c.337 §5; 1965 c.223 §6; repealed by 1971 c.728 §138] 777.585Refunding revenue bonds 777.590Authority to issue and sell revenue bonds; leasing property and pledging revenues 777.605Special elections 777.610[Repealed by 1971 c.647 §149] 777.615[Repealed by 1971 c.647 §149] 777.620[Repealed by 1971 c.647 §149] 777.625[Repealed by 1971 c.647 §149] 777.630[1987 c.607 §10; renumbered 285.825 in 1991] 777.635[1987 c.607 §11; 1989 c.908 §64; renumbered 285.827 in 1991] 777.640[1987 c.607 §12; renumbered 285.830 in 1991] 777.645[1987 c.607 §13; renumbered 285.833 in 1991] 777.650[1987 c.607 §14; renumbered 285.835 in 1991] 777.655[1987 c.607 §15; renumbered 285.837 in 1991] 777.660[1987 c.607 §16; renumbered 285.840 in 1991] 777.665[1987 c.607 §21; renumbered 285.843 in 1991] 777.705Definitions for ORS 777.705 to 777.725 777.710Payment of bonus explained 777.715Ports may pay bonuses in aid of water transportation and may charter vessels 777.720Discretion of board in making payment; contracts 777.725Borrowing money to pay bonus; bond issues, amount, terms, interest, signature, approval by electors, name of bonds, sale 777.727[1985 c.775 §1; renumbered 285.850 in 1991] 777.729[1985 c.775 §2; renumbered 285.853 in 1991] 777.732[1985 c.775 §§3,6; 1987 c.607 §18; renumbered 285.857 in 1991] 777.735[Repealed by 1971 c.647 §149 and by 1971 c.728 §138] 777.736[1985 c.775 §5; renumbered 285.860 in 1991] 777.738[1985 c.775 §7; renumbered 285.863 in 1991] 777.740[Amended by 1971 c.647 §143; repealed by 1971 c.728 §138] 777.745[Repealed by 1971 c.728 §138] 777.750[Repealed by 1971 c.728 §138] 777.755Legislative findings and policy 777.760Definitions for ORS 777.755 to 777.800 777.763Export trading corporation; formation by port; hearing; dissolution of corporation 777.765Powers of export trading corporation 777.767Authorized agreements 777.770Additional fiscal powers of export trading corporation 777.773Status of obligations of export trading corporation; prohibited investments 777.775Status of export trading corporation; application of certain laws 777.780Board of directors; election; term; compensation; board officers 777.783Board meetings; rules; quorum 777.785Meetings of board to be open to public; executive sessions 777.787Chief executive officer of export trading corporation; appointment; removal 777.790Employees of export trading corporation 777.793Disclosure of commercial or financial information prohibited; exception 777.795Right to inspect records of export trading corporation; certain records exempt from disclosure 777.800Annual report 777.805[1969 c.599 §39; 1973 c.249 §78; 1975 c.371 §1; 1985 c.565 §120; 1989 c.908 §65; renumbered 285.805 in 1991] 777.810[1969 c.599 §40; 1973 c.249 §79; 1975 c.371 §3; 1985 c.565 §121; renumbered 285.807 in 1991] 777.815[1969 c.599 §42; 1969 c.599 §42a; repealed by 1973 c.249 §91] 777.817[1987 c.607 §17; 1991 c.651 §22; renumbered 285.810 in 1991] 777.820[1969 c.599 §43; repealed by 1973 c.249 §91] 777.825[1969 c.599 §44; repealed by 1973 c.249 §91] 777.830[1969 c.599 §45; 1973 c.249 §80; renumbered 285.813 in 1991] 777.835[1969 c.599 §46; 1973 c.249 §81; 1975 c.371 §4; renumbered 285.815 in 1991] 777.840[1969 c.599 §47; renumbered 285.817 in 1991] 777.845[1969 c.599 §48; 1973 c.249 §82; renumbered 285.820 in 1991] 777.850[1977 c.838 §3; 1985 c.565 §122; 1985 c.773 §3; 1989 c.908 §66; 1991 c.483 §1; renumbered 285.870 in 1991] 777.852[1977 c.838 §4; 1989 c.908 §67; renumbered 285.873 in 1991] 777.854[1977 c.838 §5; 1989 c.908 §68; renumbered 285.875 in 1991] 777.856[1977 c.838 §6; renumbered 285.880 in 1991] 777.858[1977 c.838 §7; 1979 c.182 §11; 1979 c.800 §1; 1989 c.645 §1; 1989 c.908 §69; renumbered 285.883 in 1991] 777.860[1977 c.838 §8; 1979 c.800 §2; 1985 c.773 §1; 1989 c.645 §2; 1989 c.908 §70; 1991 c.483 §2; renumbered 285.885 in 1991] 777.862[1977 c.838 §9; 1989 c.908 §71; renumbered 285.887 in 1991] 777.864[1977 c.838 §10; 1989 c.908 §72; renumbered 285.890 in 1991] 777.866[1977 c.838 §11; 1989 c.908 §73; renumbered 285.893 in 1991] 777.868[1977 c.838 §12; 1989 c.908 §74; renumbered 285.895 in 1991] 777.870[1977 c.838 §14; 1989 c.908 §75; renumbered 285.897 in 1991] 777.872[1977 c.838 §15; 1989 c.908 §76; renumbered 285.900 in 1991] 777.874[1977 c.838 §21; 1989 c.908 §77; renumbered 285.903 in 1991] 777.876[1977 c.838 §27; 1989 c.908 §78; renumbered 285.905 in 1991] 777.878[1977 c.838 §16; renumbered 285.907 in 1991] 777.880[1977 c.838 §17; 1979 c.800 §3; 1989 c.908 §79; renumbered 285.910 in 1991] 777.882[1977 c.838 §18; 1989 c.645 §3; 1989 c.908 §80; renumbered 285.913 in 1991] 777.884[1977 c.838 §§20,24; 1979 c.416 §6; 1985 c.773 §5; 1989 c.908 §81; renumbered 285.915 in 1991] 777.886[1977 c.838 §22; 1981 c.653 §6; 1989 c.908 §82; renumbered 285.917 in 1991] 777.888[1977 c.838 §23; renumbered 285.920 in 1991] 777.890[1977 c.838 §1; renumbered 777.910] 777.892[1981 c.532 §2; 1989 c.908 §83; renumbered 285.923 in 1991] 777.894[1981 c.532 §3; 1989 c.908 §84; renumbered 285.925 in 1991] 777.896[1981 c.532 §4; renumbered 285.927 in 1991] 777.898[1981 c.532 §5; renumbered 285.930 in 1991] 777.900[1981 c.532 §6; renumbered 285.933 in 1991] 777.902[1981 c.532 §7; renumbered 285.935 in 1991] 777.904[1981 c.532 §8; renumbered 285.940 in 1991] 777.910[Formerly 777.890; renumbered 285.943 in 1991] 777.915Definitions for ORS 777.915 to 777.953 777.917Oregon International Port of Coos Bay; applicability of statutes 777.920Board of port commissioners; powers 777.923Qualifications of port commissioners 777.925Appointment of port commissioners; term; vacancies 777.927Removal of port commissioner for malfeasance; statement of charges; notice; court hearing 777.930Removal of port commissioner for lack of attendance; authorized leave of absence 777.933Board meetings; rules; executive committee 777.935Board officers 777.937Board to report to Legislative Assembly 777.940Power to issue general obligation bonds; limitation; dedication of revenues; use of proceeds 777.943Issuance of bonds 777.945Certain uses of bond proceeds prohibited in absence of elector approval 777.947Limitation on annual issuance and aggregate amount of bonds in absence of elector approval 777.950Certain uses of proceeds of bonds issued without elector approval prohibited 777.953Annexation; authority; procedure; effect 777.990Penalties

Chapter 777 — Ports Generally

ORS 777.585 Refunding revenue bonds

(1)

A port may, without the necessity of authorization from the electors of the port, issue and sell its refunding revenue bonds for the purpose of redeeming revenue bonds which are outstanding or paying interest due thereon:

(a)

At maturity pursuant to redemption provisions in the outstanding revenue bonds; or

(b)

At any time before maturity if the holders of the outstanding revenue bonds consent or if the outstanding revenue bonds authorize redemption before maturity.

(2)

ORS 777.560 to 777.590 apply to bonds authorized to be issued and sold under this section.

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2026-01-01

2025 Oregon Revised Statutes — official online source