Oregon Statutes - Chapter 348 - Student Aid; Education Stability Fund; Planning - Section 348.655 - Issuance of revenue bonds; amount; interest tax exempt.

In consultation with the Oregon Student Assistance Commission, the State Treasurer may issue revenue bonds in an amount not to exceed $30 million annually, the proceeds of which shall be used to provide funding for loans to be made pursuant to the alternative student loan program. Interest on the bonds shall be exempt from personal income taxation by the State of Oregon. [1987 c.842 §8]

Section:  Previous  348.621  348.625  348.630  348.635  348.640  348.645  348.650  348.655  348.660  348.665  348.670  348.675  348.680  348.685  348.690  Next

Last modified: August 7, 2008