{"data":{"id":"us-or/ors-287a.339","jurisdiction":"us-or","citation":"ORS 287A.339","heading":"Termination payment of conduit borrower.","body":"When a public body is authorized by law to issue bonds, the public body may lend moneys derived from an issuance and sale of bonds to a conduit borrower of proceeds from outstanding, previously issued conduit revenue bonds for the purpose of paying a termination payment required to be paid by the borrower under an agreement for exchange of interest rates entered into by the borrower in relation to the outstanding conduit revenue bonds.","path":["07 - Public Facilities and Finance","27. Public Borrowing","Chapter 287A — LOCAL GOVERNMENT BORROWING"],"source_url":"https://www.oregonlegislature.gov/bills_laws/ors/ors287A.html","current_through":"2025 Edition","vintage":"","retrieved_at":"2026-09-03T23:50:13Z","sha256":"f7cb0ef90cc8800c0e11b003d044302423004764b81af73c6f8544b41da6d838","source_id":"us-or","stale":false,"prev":"us-or/ors-287a.335","next":"us-or/ors-287a.340"},"notice":"GroundRules: Original legal text. Not legal advice."}