Oregon Statutes - Chapter 367 - Transportation Financing; Projects - Section 367.745 - Setting aside sufficient moneys to pay maturing bonds.

The Department of Transportation shall compute and determine in January of each year, after the sale of bonds under ORS 367.700 to 367.750, the amount of bond debt service that will fall due during such year on bonds then outstanding and unpaid and shall maintain or hold in the State Highway Fund sufficient moneys to pay such maturing obligations. [1975 c.211 §10; 2003 c.201 §34]

Section:  Previous  367.710  367.715  367.720  367.725  367.730  367.735  367.740  367.745  367.750  367.800  367.802  367.804  367.806  367.808  367.810  Next

Last modified: August 7, 2008