A community forest authority created under ORS 530.606 may borrow from banks, investment banks or other lenders sums of money on terms that the board deems necessary or advisable. An authority may also issue, sell and assume bond anticipation notes or the equivalent that bear a date, mature at a time, be in denominations and in a form, be payable in a medium, at a place, and be subject to the terms of redemption that the board deems necessary or advisable. [2005 c.500 §9]
Note: See note under 530.600.
Section: Previous 530.602 530.604 530.606 530.608 530.610 530.612 530.614 530.616 530.618 530.620 530.622 530.624 530.626 530.628 530.900 NextLast modified: August 7, 2008