Oregon Statutes - Chapter 286A - State Borrowing

• 286A.001   Definitions for ORS chapter 286A.
  As used in this chapter: (1) “Agreement for exchange of interest rates” means a contract, or an option or forward commitment to enter into a...
• 286A.005   Authority of State Treasurer to issue bonds.
  (1) The State Treasurer shall issue and sign bonds of the State of Oregon. The State Treasurer may sign a bond by manual or facsimile...
• 286A.010   Information required by State Treasurer.
  A related agency shall, at the direction of the State Treasurer, provide the State Treasurer with: (1) The information that the State Treasurer considers necessary...
• 286A.014   Fees and expenses of State Treasurer; rules.
  (1) The State Treasurer may charge a related agency for reasonable fees and expenses in connection with the services, duties and activities of the State...
• 286A.015   Payment of expenses of State Treasurer.
  Moneys received under ORS 286A.014 are continuously appropriated to the State Treasurer for the payment of expenses of the State Treasurer in connection with bonds...
• 286A.016   Disposition of charges.
  All moneys received under ORS 286A.014 and 287A.634 shall be deposited in the Miscellaneous Receipts Account established in the General Fund for the State Treasurer....
• 286A.025   Issuance and sale of bonds.
  (1) The State Treasurer may, at the request of a related agency: (a) Issue bonds when a law of the State of Oregon authorizes bonds...
• 286A.035   Bond budget authorization.
  (1) Each related agency shall report the plans of the related agency for the issuance of bonds during the next biennium. The related agency shall...
• 286A.045   Borrowing for current expenses.
  (1) The State Treasurer may issue bonds to finance all or a portion of the current expenses of this state. The amount of bonds issued...
• 286A.050   Short Term Borrowing Account; sources; uses.
  (1) The Short Term Borrowing Account is created in the General Fund. (2) The State Treasurer shall credit the proceeds of bonds issued by the...
• 286A.055   Report by State Treasurer on amount of bonds issued, amounts repaid, costs and interest earned.
  Within 90 days following the end of a biennium, the State Treasurer shall report in writing to the Legislative Fiscal Officer and the Legislative Revenue...
• 286A.095   Compliance with constitutional or statutory debt limit.
  (1) When calculating compliance with a constitutional or statutory debt limit: (a) If a bond is issued to a provider of a credit enhancement device...
• 286A.100   Definitions for ORS 286A.100 and 286A.102.
  As used in this section and ORS 286A.102: (1) “Obligation” means: (a) A bond; (b) An agreement for exchange of interest rates with the State...
• 286A.102   Lien of a pledge; Uniform Commercial Code.
  (1) The Uniform Commercial Code does not apply to the creation, perfection, priority or enforcement of a lien of a pledge made by a state...
• 286A.110   Agreements for exchange of interest rates.
  (1) A related agency with the approval of the State Treasurer, or the State Treasurer on behalf of a related agency, may enter into agreements...
• 286A.120   Credit enhancement devices.
  (1) In addition to authority conferred by law other than this section, a related agency, with the approval of the State Treasurer, or the State...
• 286A.130   Bond counsel services; financial advisory services; Public Contracting Code.
  (1) The State Treasurer or a related agency may enter into one or more agreements for bond counsel services for a period of not less...
• 286A.132   Debt-related advisory services.
  (1) In addition to authority conferred by law other than this section, the State Treasurer or, with the approval of the State Treasurer, a related...
• 286A.145   Federal taxation of bond interest; rules.
  The State Treasurer or a related agency may enter into covenants for the benefit of owners of bonds that are intended to allow the bonds...
• 286A.160   Exception to expenditure limits for repaying obligations; administrative limits; reports.
  (1) Notwithstanding any law limiting expenditures of a state agency, for the purpose of repaying obligations of the state to obtain savings in total or...
• 286A.185   Cancellation, purchase or redemption of bonds; lost or destroyed evidence of bonds; rules.
  (1) The State Treasurer may adopt rules, or establish by contract or policy, procedures and requirements for the cancellation, purchase or redemption of bonds, the...
• 286A.190   Disclosure of bond ownership.
  The records of bond ownership are not public records for purposes of ORS 192.410 to 192.505 or other law governing the disclosure of information. [2007...
• 286A.195   Financial audit of bond programs.
  (1) The Secretary of State shall conduct a financial audit of the bond programs of each state agency at least annually. The Secretary of State...
• 286A.255   Functions and duties of commission.
  The State Debt Policy Advisory Commission shall advise the Governor and the Legislative Assembly regarding policies and actions that enhance and preserve the state’s credit...
• 286A.560   Definitions for ORS 286A.560 to 286A.585 and 327.700 to 327.711.
  As used in ORS 286A.560 to 286A.585 and 327.700 to 327.711, unless the context requires otherwise: (1) “Appropriated funds” for a particular fiscal year means...
• 286A.563   Purposes; nature of lottery bonds.
  (1) The Legislative Assembly declares that the purpose of ORS 286A.560 to 286A.585 is to combine previously enacted legislation authorizing lottery bonds into a single...
• 286A.566   Requirements for legislation authorizing lottery bonds.
  (1) Any legislation authorizing issuance of lottery bonds under ORS 286A.560 to 286A.585 shall: (a) State the purposes for which the proceeds of lottery bonds...
• 286A.570   Lottery Bond Fund; purposes.
  (1) The Lottery Bond Fund is established in the State Treasury, separate and distinct from the General Fund. The amounts of unobligated net lottery proceeds...
• 286A.573   Lottery Bond Administrative Fund; purposes.
  The Lottery Bond Administrative Fund is established in the State Treasury, separate and distinct from the General Fund. The amounts of unobligated net lottery proceeds...
• 286A.576   Allocation of lottery moneys for lottery bonds; priorities.
  (1) Subject only to the availability of unobligated net lottery proceeds, in each fiscal year in which lottery bonds are outstanding, there shall be allocated...
• 286A.578   Litigation challenging legality of Oregon State Lottery.
  (1) Lottery bonds may be issued pursuant to ORS 286A.580 without regard to any litigation challenging the legality of the Oregon State Lottery. Lottery bonds...
• 286A.580   Issuance of lottery bonds; refunding bonds; bond covenants; reserves for bonds; appropriation to maintain reserves; credit enhancements.
  (1) The State Treasurer, at the request of the Director of the Oregon Department of Administrative Services, may issue lottery bonds from time to time...
• 286A.585   Lottery bonds for community sports facilities; use of proceeds of bonds.
  (1) Pursuant to ORS 286A.560 to 286A.585 and subject to future legislative approval, lottery bonds may be issued to make grants or loans to Oregon...
• 286A.605   Definitions for ORS 286A.605 to 286A.625.
  As used in ORS 286A.605 to 286A.625: (1) “Issuer” means an entity that may issue private activity bonds that are qualified bonds on which the...
• 286A.615   Private Activity Bond Committee; purpose of private activity bonding; rules.
  (1) The Private Activity Bond Committee is established. It shall consist of the State Treasurer or the designee of the State Treasurer, one representative from...
• 286A.620   Private activity bond volume cap.
  The Legislative Assembly may allocate the amount of private activity bond volume cap among state agencies and the Private Activity Bond Committee for the two...
• 286A.700   Authority to issue baccalaureate bonds.
  (1) As used in this section: (a) “Oregon Baccalaureate Bonds” means bonds of the State of Oregon issued by the State Treasurer at the request...
• 286A.730   Definitions for ORS 286A.730 to 286A.750.
  As used in ORS 286A.730 to 286A.750, unless the context requires otherwise: (1) “Article XI-O bonds” means general obligation bonds or other general obligation indebtedness...
• 286A.735   Authority of State Treasurer to issue pension liability bonds; nature and purpose of bonds; refunding bonds.
  (1) Article XI-O bonds are a general obligation of the State of Oregon and must contain a direct promise on behalf of the State of...
• 286A.740   Article XI-O Bond Fund; purposes.
  (1) The Article XI-O Bond Fund is established in the State Treasury, separate and distinct from the General Fund. Interest earned on the bond fund...
• 286A.745   Article XI-O Bond Administration Fund; purposes.
  (1) The Article XI-O Bond Administration Fund is established in the State Treasury, separate and distinct from the General Fund. Interest earned on the bond...
• 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,...
• 286A.760   Definitions for ORS 286A.760 to 286A.772.
  As used in ORS 286A.760 to 286A.772, unless the context requires otherwise: (1) “Article XI-M bonds” means general obligation bonds or other general obligation indebtedness...
• 286A.762   Authority of State Treasurer to issue bonds.
  (1) Article XI-M bonds are a general obligation of the State of Oregon and must contain a direct promise on behalf of the State of...
• 286A.764   Article XI-M Bond Fund; purposes.
  (1) The Article XI-M Bond Fund is established in the State Treasury, separate and distinct from the General Fund. Amounts in the bond fund may...
• 286A.766   Article XI-M Bond Administration Fund; purposes.
  (1) The Article XI-M Bond Administration Fund is established in the State Treasury, separate and distinct from the General Fund. Amounts in the bond administration...
• 286A.768   Education Seismic Fund; purposes; rules.
  (1) The Education Seismic Fund is established in the State Treasury, separate and distinct from the General Fund. Amounts in the seismic fund may be...
• 286A.772   Payment of bond-related costs.
  For each biennium in which Article XI-M bonds will be outstanding, the Oregon Department of Administrative Services shall include in the Governor’s budget request to...
• 286A.780   Definitions for ORS 286A.780 to 286A.792.
  As used in ORS 286A.780 to 286A.792, unless the context requires otherwise: (1) “Article XI-N bonds” means general obligation bonds or other general obligation indebtedness...
• 286A.782   Authority of State Treasurer to issue bonds.
   (1) Article XI-N bonds are a general obligation of the State of Oregon and must contain a direct promise on behalf of the State of...
• 286A.784   Article XI-N Bond Fund; purposes.
  (1) The Article XI-N Bond Fund is established in the State Treasury, separate and distinct from the General Fund. Amounts in the bond fund may...
• 286A.786   Article XI-N Bond Administration Fund; purposes.
  (1) The Article XI-N Bond Administration Fund is established in the State Treasury, separate and distinct from the General Fund. Amounts in the bond administration...
• 286A.788   Emergency Services Seismic Fund; purposes; rules; fees.
  (1) The Emergency Services Seismic Fund is established in the State Treasury, separate and distinct from the General Fund. Amounts in the seismic fund may...
• 286A.792   Payment of bond-related costs.
  For each biennium in which Article XI-N bonds will be outstanding, the Oregon Department of Administrative Services shall include in the Governor’s budget request to...

Last modified: August 7, 2008