Oregon Constitution
Article XI-K, § 1 — State empowered to guarantee bonded indebtedness of education districts
Oregon Const. art. XI-K, § 1
Oregon Const. art. XI-K, § 1 (State empowered to guarantee bonded indebtedness of education districts) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Bluebook
Or. Const. art. XI-K, § 1.
Full Text
To secure lower interest costs on the general obligation bonds of school districts, education service districts and community college districts, the State of Oregon may guarantee the general obligation bonded indebtedness of those districts as provided in sections 2 to 6 of this Article and laws enacted pursuant to this Article.
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History
Created through H.J.R. 71, 1997, and adopted by the people Nov. 3, 1998