Chapter 536 Oregon Laws 2001 AN ACT HB 2121 Relating to bond administration; creating new provisions; amending ORS 285B.344, 285B.473, 285B.575, 286.036, 286.066, 286.071, 288.523, 289.200, 348.716 and 367.025; appropriating money; and declaring an emergency. Be It Enacted by the People of the State of Oregon: SECTION 1. ORS 285B.344 is amended to read: trustee, bond counsel, ] vendor, lender or other financing party, if any, and enter into appropriate agreements with each to carry out the provisions of ORS 285B.320 to 285B.377. The Economic and Community Development Department, with the approval of the State Treasurer, shall designate the trustee and enter into appropriate agreements with the trustee to carry out the provisions of ORS 285B.320 to 285B.377. The department may appoint bond counsel as authorized by ORS 288.523, or the State Treasurer may enter into an agreement with bond counsel if the services provided under the agreement comply with the provisions of ORS 288.523 and the appointment is approved by the Attorney General as required by ORS 288.523. The department may not make an appointment or enter into an agreement under this paragraph unless the State Treasurer has reviewed and approved the terms and conditions of the appointment or agreement. ORS 279.712 does not apply to any appointment or agreement described in this paragraph. SECTION 2. | |
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