The Department of Transportation may not issue or sell general obligation bonds under ORS 367.700 to 367.750 that, singly or in the aggregate with previous debts or liabilities incurred for the building and maintaining of permanent roads, exceed any limitation provided in the Oregon Constitution at the date of the issuance and sale of such bonds. [1975 c.211 §11; 2003 c.201 §35]
Section: Previous 367.715 367.720 367.725 367.730 367.735 367.740 367.745 367.750 367.800 367.802 367.804 367.806 367.808 367.810 367.812 NextLast modified: August 7, 2008