ORS 367.745: Setting aside sufficient moneys to pay maturing bonds.
Edition: 2025 EditionEffective: 2026-01-01Last verified: 2026-09-07
The Department of Transportation shall compute and determine in January of each year, after the sale of bonds under ORS 367.700 to 367.750, the amount of bond debt service that will fall due during such year on bonds then outstanding and unpaid and shall maintain or hold in the State Highway Fund sufficient moneys to pay such maturing obligations. [1975 c.211 §10; 2003 c.201 §34]
This rule cites
- ORS 367.700 — resolved
- 367.750 — resolved
Cited by
No inbound citations found.
Official source: https://www.oregonlegislature.gov/bills_laws/ors/ors367.html