The State Treasurer on behalf of the Department of Transportation may not issue or sell general obligation bonds under ORS 367.555 to 367.600 that, singly or in the aggregate with previous debts or liabilities incurred for the building and maintaining of permanent roads, exceed an applicable limitation provided in the Oregon Constitution at the date of the issuance and sale of such general obligation bonds. [1973 c.698 §11; 2003 c.201 §23; 2007 c.783 §169]
Section: Previous 367.565 367.570 367.575 367.580 367.585 367.590 367.595 367.600 367.605 367.610 367.615 367.620 367.621 367.622 367.623 NextLast modified: August 7, 2008