OR · constitutions
Or. Const. art. XI-I(1), § 2
Bonds
Bonds of the State of Oregon containing a direct promise on behalf of the state to pay the face value thereof, with the interest therein provided for, may be issued to an amount authorized by section 1 of this Article for the purpose of creating such fund. The bonds shall be a direct obligation of the state and shall be in such form and shall run for such periods of time and bear such rates of interest as provided by statute.
History
[Created through S.J.R. 1, 1977, and adopted by the people Nov. 8, 1977]
Provenance
- Source
- oregonlegislature.gov
- Retrieved
- 2026-09-24
- Edition
- 2026-09-24
- Content hash
88d4458ba6ede491f93f90f9eb0de0251232c8e8bef99f090f467712dde48bba
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