(1) Notwithstanding ORS § 367.095 (4), the Department of Transportation may use amounts available under ORS § 367.095 to secure and pay bond debt service on Highway User Tax Bonds under ORS § 367.615.

Terms Used In Oregon Statutes 367.097

  • Bond: means a contractual undertaking or an instrument to borrow money including, but not limited to, a bond, a note, an obligation, a loan agreement, a financing lease, a financing agreement or other similar instrument or agreement. See Oregon Statutes 367.010

(2) Any amounts remaining after the payment of debt service shall be used as described in ORS § 367.095 (4). [2017 c.750 § 71h; 2019 c.491 § 15]

 

See note under 367.095.

 

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