Oregon Statutes
§ 478.855 — Loan fund created from bond proceeds; other sources for fund
Oregon § 478.855
This text of Oregon § 478.855 (Loan fund created from bond proceeds; other sources for fund) 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. § 478.855 (2026).
Text
(1)Proceeds of revenue bonds issued and sold under ORS 478.845 to 478.875 that are to be used to fund loans to persons for acquisition and installation of fire safety systems in structures owned by the borrowers shall be deposited in a loan fund created for the purpose by a city or district.
(2)In addition to proceeds from the sale of revenue bonds, the loan fund created by this section shall consist of:
(a)Moneys repaid to the fund by borrowers who received loans from the fund.
(b)Proceeds of the sales of structures acquired by the city or district as a result of loan defaults.
(c)Other revenues, as defined in ORS 287A.001, as determined by the city or district.
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Related
§ 478.845
Oregon § 478.845
§ 287A.001
Oregon § 287A.001
Legislative History
1995 c.725 §7; 2007 c.783 §211
Nearby Sections
15
§ 478.001
Definitions§ 478.002
Status of districts existing in 1957§ 478.020
§ 478.020§ 478.030
§ 478.030§ 478.040
§ 478.040§ 478.041
§ 478.041§ 478.050
Qualifications for directors§ 478.060
§ 478.060§ 478.070
§ 478.070§ 478.080
§ 478.080§ 478.110
§ 478.110Cite This Page — Counsel Stack
Bluebook (online)
Oregon § 478.855, Counsel Stack Legal Research, https://law.counselstack.com/statute/or/478.855.