Oregon Statutes 530.618 – Effect of bonds or other obligations on municipality
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Revenue bonds and other revenue obligations of a community forest authority created under ORS § 530.606 are not a general obligation of the municipality nor a charge upon the tax revenues of the municipality. [2005 c.500 § 10]
Terms Used In Oregon Statutes 530.618
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
See note under 530.600.