Oregon Statutes - Chapter 407 - Veterans Loans - Section 407.435 - Issuance of bonds for tax payment; conditions; term.

Notwithstanding the general obligation and revenue bond limits required by ORS 286A.035, the State Treasurer may issue general obligation bonds on behalf of the Department of Veterans’ Affairs in an amount not to exceed the amount reasonably expected to be advanced for the payment of taxes for veterans each tax year. Such bonds shall mature in no more than 18 months and may be sold as determined by the State Treasurer. [1983 c.445 §11; 2007 c.783 §183]

Section:  Previous  407.397  407.400  407.410  407.415  407.420  407.425  407.430  407.435  407.440  407.445  407.465  407.475  407.480  407.485  407.490  Next

Last modified: August 7, 2008