ORS 440.385¹
Pledge of income and revenues to secure payment of bonds

(1) For the purpose of additionally securing the payment of the principal of and interest on general obligation bonds issued under ORS 440.375 (Authority to issue bonds), a health district may, by resolution of the district board, which resolution shall constitute part of the contract with the holders of such general obligation bonds, pledge all or any part of the net income or revenue of its properties.

(2) The district board may adopt such a resolution without submitting the question of such pledge to electors of the health district. [Formerly 441.350]

1 Legislative Counsel Committee, CHAPTER 440—Health Districts; Port Hospitals, https://­www.­oregonlegislature.­gov/­bills_laws/­Archive/­2007ors440.­pdf (2007) (last ac­cessed Feb. 12, 2009).
2 OregonLaws.org contains the con­tents of Volume 21 of the ORS, inserted along­side the per­tin­ent statutes. See the preface to the ORS An­no­ta­tions for more information.
3 OregonLaws.org assembles these lists by analyzing references between Sections. Each listed item refers back to the current Section in its own text. The result reveals relationships in the code that may not have otherwise been apparent. Currency Information