In the manner provided by law and notwithstanding the limitations contained in sections 7 and 8, Article XI, of this Constitution, the credit of the State of Oregon may be loaned and indebtedness incurred in an amount not to exceed, at any one time, one percent of the true cash value of all taxable property in the state:
§ Or. Const. Art. XI-H, § 1State empowered to lend credit for financing pollution control facilities or related activities
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