Oregon § 383.235 Reserve account

Oregon Statutes

§ 383.235 — Reserve account

Oregon § 383.235

Vol.10

Title 31Highways, Roads, Bridges and Ferries

Ch. 383Tollways

This text of Oregon § 383.235 (Reserve account) 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. § 383.235 (2026).

Text

(1)The Department of Transportation may establish one or more separate reserve accounts within, or separate and distinct from, the Toll Program Fund in connection with the issuance of tollway project revenue bonds issued under ORS 383.200.

(2)The moneys held in any account established under this section may be subject to the provisions of any revenue declaration or indenture prepared under ORS 383.225.

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(1) The Department of Transportation may establish one or more separate reserve accounts within, or separate and distinct from, the Toll Program Fund in connection with the issuance of tollway project revenue bonds issued under ORS 383.200.
(2) The moneys held in any account established under this section may be subject to the provisions of any revenue declaration or indenture prepared under ORS 383.225.