Article XI-Q Bond Fund; purposes.

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

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

(c) Reserves established for the payment of Article XI-Q bonds;

(d) Amounts transferred from a project fund as provided in ORS 286A.818 (5); and

(e) Amounts paid by a project agency under ORS 286A.824.

(2) At the request of the department, the State Treasurer may create separate accounts in the bond fund for reserves and debt service for each series of Article XI-Q bonds as provided in ORS 286A.025 (2)(g). [2011 c.14 §4]


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