ORS 391.500: Declaration of policy; construction of statutes.
Edition: 2025 EditionEffective: 2026-01-01Last verified: 2026-09-07
(1) The Legislative Assembly of the State of Oregon finds and declares that: (a) It is in the public interest to provide methods of financing the costs of mass transit facilities; and (b) The method of financing provided in ORS 267.227 and 391.500 to 391.660 is in the public interest and serves a public purpose. (2) The purpose of ORS 267.227 and 391.500 to 391.660 is to create an authority to provide financial assistance to mass transit districts. (3) ORS 267.227 and 391.500 to 391.660 shall be liberally construed. [1977 c.662 §2]
This rule cites
- ORS 267.227 — resolved
- 391.500 — resolved
- 391.660 — resolved
Cited by
- 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/ors391.html