Oregon § 470.210 Municipal corporation may enter into loan contract; purchase of municipal corporation’s general or revenue obligation

Oregon Statutes

§ 470.210 — Municipal corporation may enter into loan contract; purchase of municipal corporation’s general or revenue obligation

Oregon § 470.210

Vol.13

Title 36AHousing; Lottery and Games; Environment

Ch. 470Small Scale Local Energy Projects

This text of Oregon § 470.210 (Municipal corporation may enter into loan contract; purchase of municipal corporation’s general or revenue obligation) 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. § 470.210 (2026).

Text

(1)Notwithstanding any other provision of law, a municipal corporation may enter into a loan contract with the State Department of Energy to finance a small scale local energy project.

(2)In order to finance a small scale local energy project, the Director of the State Department of Energy, on behalf of the state and in lieu of entering into a loan contract under subsection (1) of this section, may purchase or otherwise acquire a municipal corporation’s general obligations or revenue obligations, including but not limited to bonds, notes, certificates of participation, warrants or lease purchase agreements. [1983 c.188 §8; 2003 c.186 §68; 2005 c.201 §7] (Bonds)

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(1) Notwithstanding any other provision of law, a municipal corporation may enter into a loan contract with the State Department of Energy to finance a small scale local energy project.
(2) In order to finance a small scale local energy project, the Director of the State Department of Energy, on behalf of the state and in lieu of entering into a loan contract under subsection (1) of this section, may purchase or otherwise acquire a municipal corporation’s general obligations or revenue obligations, including but not limited to bonds, notes, certificates of participation, warrants or lease purchase agreements. [1983 c.188 §8; 2003 c.186 §68; 2005 c.201 §7]
(Bonds)