{"data":{"id":"us-or/ors-470.210","jurisdiction":"us-or","citation":"ORS 470.210","heading":"Municipal corporation may enter into loan contract; purchase of municipal corporation’s general or revenue obligation.","body":"(1) Notwithstanding any other provision of law, a municipal corporation may enter into a loan contract with the State Department of Energy to finance a small scale local energy project.\n      (2) In order to finance a small scale local energy project, the Director of the State Department of Energy, on behalf of the state and in lieu of entering into a loan contract under subsection (1) of this section, may purchase or otherwise acquire a municipal corporation’s general obligations or revenue obligations, including but not limited to bonds, notes, certificates of participation, warrants or lease purchase agreements. [1983 c.188 §8; 2003 c.186 §68; 2005 c.201 §7]\n(Bonds)","path":["13 - Housing, Games, Environment","36A. Housing; Lottery and Games; Environment","Chapter 470 — Small Scale Local Energy Projects"],"source_url":"https://www.oregonlegislature.gov/bills_laws/ors/ors470.html","current_through":"2025 Edition","vintage":"","retrieved_at":"2026-09-03T23:50:15Z","sha256":"14528520e35e438c403283d41b773a53a05979eeed8844935a78003dc8c08a99","source_id":"us-or","stale":false,"prev":"us-or/ors-470.200","next":"us-or/ors-470.220"},"notice":"GroundRules: Original legal text. Not legal advice."}