Article XI-M Bond Fund; purposes.

  1. Law
  2. Oregon Revised Statutes
  3. Public Facilities and Finance
  4. State Borrowing
  5. Article XI-M Bond Fund; purposes.

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(a) Capitalized or accrued interest on Article XI-M bonds;

(b) Amounts appropriated or otherwise provided by the Legislative Assembly for deposit in the bond fund; and

(c) Reserves established for the payment of Article XI-M bonds.

(2) The department may create separate accounts in the bond fund for reserves and debt service for each series of Article XI-M bonds. [Formerly 286.764]


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