Oregon § 286A.118 Termination payment of pass-through revenue bond borrower

Oregon Statutes

§ 286A.118 — Termination payment of pass-through revenue bond borrower

Oregon § 286A.118

Vol.7

Title 27Public Borrowing

Ch. 286ASTATE BORROWING

This text of Oregon § 286A.118 (Termination payment of pass-through revenue bond borrower) is published on Counsel Stack Legal Research, covering Oregon primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Or. Rev. Stat. § 286A.118 (2026).

Text

With the approval of the State Treasurer, a related agency may lend moneys derived from an issuance and sale of bonds to a pass-through revenue bond borrower of proceeds from outstanding, previously issued pass-through revenue bonds for the purpose of paying a termination payment due under an agreement for exchange of interest rates entered into by the pass-through revenue bond borrower in relation to the outstanding, previously issued pass-through revenue bonds.

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With the approval of the State Treasurer, a related agency may lend moneys derived from an issuance and sale of bonds to a pass-through revenue bond borrower of proceeds from outstanding, previously issued pass-through revenue bonds for the purpose of paying a termination payment due under an agreement for exchange of interest rates entered into by the pass-through revenue bond borrower in relation to the outstanding, previously issued pass-through revenue bonds.