Oregon § 289.235 Loan of bond proceeds for projects; state not required to have ownership or leasehold interest

Oregon Statutes

§ 289.235 — Loan of bond proceeds for projects; state not required to have ownership or leasehold interest

Oregon § 289.235

Vol.7

Title 27Public Borrowing

Ch. 289Oregon Facilities Financing

This text of Oregon § 289.235 (Loan of bond proceeds for projects; state not required to have ownership or leasehold interest) 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. § 289.235 (2026).

Text

The state, acting through the State Treasurer and the Oregon Facilities Authority, or either of them, may lend the proceeds of the bonds authorized by this chapter for eligible projects without the necessity of the state having any ownership or leasehold interest in the eligible projects. Loans made pursuant to this section shall be secured to the extent considered necessary or desirable by the State Treasurer and the authority to assure repayment of the bonds.

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The state, acting through the State Treasurer and the Oregon Facilities Authority, or either of them, may lend the proceeds of the bonds authorized by this chapter for eligible projects without the necessity of the state having any ownership or leasehold interest in the eligible projects. Loans made pursuant to this section shall be secured to the extent considered necessary or desirable by the State Treasurer and the authority to assure repayment of the bonds.