ORS 287A.630
Oregon Municipal Debt Advisory Commission

  • creation
  • term
  • compensation

(1)

The Oregon Municipal Debt Advisory Commission is hereby created, consisting of the following seven members:

(a)

The State Treasurer or the State Treasurer’s designee.

(b)

Three public body finance officers appointed by the Governor:

(A)

One of whom is an individual recommended by the Association of Oregon Counties.

(B)

One of whom is an individual recommended by the League of Oregon Cities.

(C)

One of whom is an individual recommended by the Oregon School Boards Association.

(c)

One representative of special districts appointed by the Governor.

(d)

Two public members not represented in the other categories of appointment, appointed by the Governor.

(2)

The term of office of an appointed member is four years, but appointed members serve at the pleasure of the Governor. A member is eligible for reappointment for no more than one additional term.

(3)

Before the expiration of the term of an appointed member, the Governor shall appoint a successor to assume the duties of the member on July 1 next following. In case of a vacancy for any cause, the Governor shall make an appointment to become effective immediately for the unexpired term.

(4)

The Governor shall designate one of the appointed members to serve a one-year term as chairperson, subject to reappointment.

(5)

Appointed members of the commission are entitled to compensation and expenses as provided in ORS 292.495 (Compensation and expenses of members of state boards and commissions). [Formerly 287.030]

Source: Section 287A.630 — Oregon Municipal Debt Advisory Commission; creation; term; compensation, https://www.­oregonlegislature.­gov/bills_laws/ors/ors287A.­html.

(formerly 287.030)

Attorney General Opinions

Federal social security withholding taxes with respect to public members of Municipal Debt Advisory Commission, (1978) Vol 38, p 2117

287A.001
Definitions for ORS chapter 287A
287A.010
Powers conveyed to public bodies
287A.050
Authority of city to issue general obligation bonds
287A.100
Authority of county to issue general obligation bonds
287A.105
Limitation on bonded indebtedness of county
287A.140
Ad valorem tax levy to pay general obligation bonds
287A.145
Misspent proceeds of general obligation bonds
287A.150
Authority of public body to issue revenue bonds
287A.180
Short-term borrowing by public body
287A.195
Compliance with constitutional or statutory debt limits
287A.300
Terms and conditions of bond sales
287A.310
Definitions for ORS 287A.310 and 287A.315
287A.315
Pledge of full faith and credit and taxing power
287A.325
Covenants of public bodies regarding pledges
287A.335
Agreements for exchange of interest rates
287A.339
Termination payment of conduit borrower
287A.340
Credit enhancement devices
287A.343
Public body purchase of own bonds
287A.345
State taxation of bond interest
287A.350
Public records
287A.360
Current refunding bonds
287A.365
Advance refunding bonds and forward current refunding
287A.370
Proposed refunding plan for advance refunding bonds or forward current refunding
287A.375
Maximum amount of advance refunding bonds
287A.380
Tax levy to pay maturing general obligation advance refunding bonds
287A.472
Interest on municipal warrants not paid on presentation
287A.474
Warrants and checks more than two years old
287A.482
Definitions for ORS 287A.482 to 287A.488
287A.484
Master warrant procedure authorized if warrants would be not paid
287A.486
Procedure
287A.488
Taxes must be levied for payment of claims included in master warrant
287A.630
Oregon Municipal Debt Advisory Commission
287A.632
Meetings
287A.634
Powers and duties of commission
287A.640
Notice to commission of proposed issues
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