Oregon § 367.710 Repayment by city or county; interest

Oregon Statutes

§ 367.710 — Repayment by city or county; interest

Oregon § 367.710

Vol.10

Title 31Highways, Roads, Bridges and Ferries

Ch. 367Transportation Financing; Projects

This text of Oregon § 367.710 (Repayment by city or county; 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. § 367.710 (2026).

Text

(1)The Department of Transportation shall cause cities and counties that receive funds under ORS 367.705 to repay bond debt service by withholding from payments due to the city under ORS 366.785 to 366.820 or to the county under ORS 366.762 to 366.768. Funds withheld under this subsection remain in the State Highway Fund available for the purposes authorized by law.

(2)The Department of Transportation shall fix the rate of interest to be charged on any advance made under ORS 367.705.

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(1) The Department of Transportation shall cause cities and counties that receive funds under ORS 367.705 to repay bond debt service by withholding from payments due to the city under ORS 366.785 to 366.820 or to the county under ORS 366.762 to 366.768. Funds withheld under this subsection remain in the State Highway Fund available for the purposes authorized by law.
(2) The Department of Transportation shall fix the rate of interest to be charged on any advance made under ORS 367.705.