Constitution · Oregon

Or. Const. art. XI-I2, § 3

Constitution
Constitution of Oregon
Text as of
October 2026

What does this section say?

Bonds. Bonds issued pursuant to section 1 of this Article shall be the direct obligations of the state and shall be in such form, run for such periods of time and bear such rates of interest as shall be provided by law. The bonds may be refunded with bonds of like obligation. [Created through H.J.R. 61, 1977, and adopted by the people May 23, 1978]

The text is copied from the official source: www.oregonlegislature.gov. This is the stored text for research. It is not legal advice; check the official source before you rely on it.

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