Oregon Statutes - Chapter 286A - State Borrowing - Section 286A.750 - Terms and conditions of pension liability bonds.

(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]


(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