(1) In accordance with the applicable provisions of this chapter, the State Treasurer, after consulting with the Director of the Oregon Department of Administrative Services, may issue Article XI-O bonds from time to time for the purposes described in ORS 286A.735 (2).
(2) Article XI-O bonds may be issued and sold as provided in this chapter.
(3) Subject to the approval of the State Treasurer, the Director of the Oregon Department of Administrative Services may:
(a) Enter into agreements with a trustee or escrow agent regarding the use and application of the amounts held in the Article XI-O Bond Fund or the Article XI-O Bond Administration Fund; and
(b) Transfer amounts credited to the bond fund or the bond administration fund to a trustee or escrow agent. [Formerly 286.750]
SEISMIC REHABILITATION BONDS
(Public Education Buildings)Section: Previous 286A.615 286A.620 286A.700 286A.730 286A.735 286A.740 286A.745 286A.750 286A.760 286A.762 286A.764 286A.766 286A.768 286A.772 286A.780 Next
Last modified: August 7, 2008