Bonds

• Currency: Current through 2021 ballot measures
• Citation: Or. Const. art. XI-F(1) § 4

Bonds issued pursuant to this article shall be the direct general obligations of the state, and be in such form, run for such periods of time, and bear such rates of interest, as shall be provided by statute. Such bonds may be refunded with bonds of like obligation. Unless provided by statute, no bonds shall be issued pursuant to this article for the construction of...