Notwithstanding the general obligation and revenue bond limits required by ORS § 286A.035, the State Treasurer may issue general obligation bonds on behalf of the Department of Veterans’ Affairs in an amount not to exceed the amount reasonably expected to be advanced for the payment of taxes for veterans each tax year. Such bonds shall mature in no more than 18 months and may be sold as determined by the State Treasurer. [1983 c.445 § 11; 2007 c.783 § 183]

Terms Used In Oregon Statutes 407.435

  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • 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.

 

[Repealed by 1981 c.660 § 18]

 

[1982 s.s.1 c.12 § 3; repealed by 1991 c.262 § 1]

LIFE AND MORTGAGE INSURANCE

 

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