Oregon § 367.600 Compliance with constitutional debt limits

Oregon Statutes

§ 367.600 — Compliance with constitutional debt limits

Oregon § 367.600

Vol.10

Title 31Highways, Roads, Bridges and Ferries

Ch. 367Transportation Financing; Projects

This text of Oregon § 367.600 (Compliance with constitutional debt limits) 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. § 367.600 (2026).

Text

The State Treasurer on behalf of the Department of Transportation may not issue or sell general obligation bonds under ORS 367.555 to 367.600 that, singly or in the aggregate with previous debts or liabilities incurred for the building and maintaining of permanent roads, exceed an applicable limitation provided in the Oregon Constitution at the date of the issuance and sale of such general obligation bonds.

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The State Treasurer on behalf of the Department of Transportation may not issue or sell general obligation bonds under ORS 367.555 to 367.600 that, singly or in the aggregate with previous debts or liabilities incurred for the building and maintaining of permanent roads, exceed an applicable limitation provided in the Oregon Constitution at the date of the issuance and sale of such general obligation bonds.