ORS 267.227: Relationship with Oregon Mass Transportation Financing Authority.
Edition: 2025 EditionEffective: 2026-01-01Last verified: 2026-09-07
A mass transit district may enter into contracts, leases, subleases and agreements with the Oregon Mass Transportation Financing Authority. The obligation of a district to pay rentals to the Oregon Mass Transportation Financing Authority shall not be considered to be the incurring of bonded indebtedness by a district. A district shall reimburse the Oregon Mass Transportation Financing Authority for all expenses incurred by the authority in connection with any application by such district for financial assistance under the Oregon Mass Transportation Financing Act. [1977 c.662 §18]
This rule cites
No citations extracted.
Cited by
- ORS 391.500: Declaration of policy; construction of statutes.
- ORS 391.510: Definitions for ORS 391.500 to 391.660.
- ORS 391.520: Financing authority created; membership.
- ORS 391.550: Powers of Mass Transportation Financing Authority.
- ORS 391.560: Lease terms for facility financed by bonds.
- ORS 391.570: Bonds; form; conditions; issuance; refunding.
- ORS 391.590: Bonds not general obligation of state.
- ORS 391.610: Expenses of authority; borrowed funds.
- ORS 391.640: Investment in authority’s bonds authorized.
- ORS 391.650: Severability of ORS 391.500 to 391.660.
- ORS 391.660: Short title.
Official source: https://www.oregonlegislature.gov/bills_laws/ors/ors267.html