2015 ORS 285B.359¹
Validity of bonds

The validity of bonds issued under ORS 285B.320 (Purpose of ORS 285B.320 to 285B.371) to 285B.371 (Loans to eligible projects when state holds no interest) shall not be dependent on nor be affected by the validity or regularity of any proceeding relating to the acquisition, purchase, construction, installation, reconstruction, improvement, betterment or extension of the eligible project for which the bonds are issued. The official action authorizing such bonds may provide that the bonds shall contain a recital that they are issued pursuant to ORS 285B.320 (Purpose of ORS 285B.320 to 285B.371) to 285B.371 (Loans to eligible projects when state holds no interest) and such recital shall be conclusive evidence of their validity and of the regularity of their issuance. [Formerly 285.375]


1 Legislative Counsel Committee, CHAPTER 285B—Economic Development II, https://­www.­oregonlegislature.­gov/­bills_laws/­ors/­ors285B.­html (2015) (last ac­cessed Jul. 16, 2016).
 
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.