Section 286A.854 - Article XI-G Bond Fund; purposes.

OR Rev Stat § 286A.854 (2019) (N/A)
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(a) Capitalized or accrued interest on Article XI-G bonds;

(b) Moneys appropriated or otherwise provided by the Legislative Assembly for deposit in the fund;

(c) Reserves, if any, established for the payment of Article XI-G bonds;

(d) Moneys transferred from a project fund under ORS 286A.848 (4);

(e) Moneys received from ad valorem taxes levied pursuant to ORS 291.445; and

(f) Moneys provided by the Legislative Assembly in lieu of ad valorem taxes levied under ORS 291.445.

(2) At the request of the department, the State Treasurer may create or cause to be created separate accounts in the fund for reserves and debt service for each series of Article XI-G bonds. [2015 c.828 §10]