Section 383.225 - Revenue declaration or indenture; contents; purpose(1) Before tollway project revenue bonds are issued under ORS 383.200, the Department of Transportation must prepare a revenue declaration or indenture authorizing issuance of the bonds. The revenue declaration or indenture must be signed by the Director of Transportation or a person designated by the director and must be approved by the State Treasurer or a person designated by the State Treasurer.(2) A revenue declaration or indenture prepared under this section may do any of the following:(a) Pledge any part or all of moneys described under ORS 383.205 for purposes of the bonds to be issued.(b) Limit the purpose for which the proceeds of the sale may be applied by the department.(c) Make pledges concerning the proceeds of the sale or moneys described under ORS 383.205 as necessary to secure payment of bonds of the department.(d) Limit or establish terms upon which additional bonds or refunding bonds may be issued under ORS 383.200.(e) Provide for procedures, if any, by which the terms of contracts with bondholders may be amended or rescinded, for the percentage of the bondholders that must consent to amendment or rescission of the contract and for the manner of bondholder consent to any amendment or rescission of the contract.(f) Establish a trustee and vest the trustee with property, rights, powers and duties in trust, as the State Treasurer determines appropriate.(g) Provide for other matters affecting the issuance of bonds.(h) Provide for a debt service reserve pursuant to ORS 286A.025(6).(i) Provide for certain covenants pursuant to ORS 286A.025(4)(c) and 286A.102(10).