Oregon Statutes

§ 478.845 — Revenue bonds authorized for fire safety systems

Oregon § 478.845
JurisdictionOregon
Vol.14
Title 38Protection From Fire
Ch. 478Rural Fire Protection Districts

This text of Oregon § 478.845 (Revenue bonds authorized for fire safety systems) 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. § 478.845 (2026).

Text

(1)Notwithstanding any other provision of law or any restriction on indebtedness contained in a charter, a city or district may issue and sell revenue bonds under ORS 478.845 to 478.875, loan moneys to qualified persons for the installation of fire safety systems and enter into loan contracts with those persons. Moneys borrowed from the loan fund created by ORS 478.855 shall be repaid by the borrowers in accordance with the terms of the loan contract to which the borrower and the city or district are parties.
(2)In addition to authority granted by other laws to issue revenue bonds, a city or district may sell revenue bonds for the purpose of creating a loan fund to finance the installation of fire safety systems in structures located within the city or district.
(3)Revenue bonds authori

Free access — add to your briefcase to read the full text and ask questions with AI

Related

§ 478.855
Oregon § 478.855

Legislative History

1995 c.725 §2; 2007 c.783 §209

Nearby Sections

15
View on official source ↗

Cite This Page — Counsel Stack

Bluebook (online)
Oregon § 478.845, Counsel Stack Legal Research, https://law.counselstack.com/statute/or/478.845.