Statutes, codes, and regulations
Oregon Revised Statutes
Title 21 - CITIESChapter 223 - LOCAL IMPROVEMENTS AND WORKS GENERALLY
APPORTIONMENT OF GOVERNMENT ASSESSMENTS UPON PARTITION
Section 223.322 - Proration of unpaid installments

ORS § 223.322

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Current through 2024 Regular Session legislation
Section 223.322 - Proration of unpaid installments

When a final assessment is being paid in installments under the Bancroft Bonding Act or ORS 450.897, if the final assessment is apportioned among smaller parcels of real property under ORS 223.317 to 223.327, the installments remaining unpaid shall be prorated among those smaller parcels so that each parcel shall be charged with that percentage of the remaining installment payments equal to the percentage of the unpaid final assessment charged to the parcel upon apportionment.

ORS 223.322

Formerly 308.145; 1991 c.902 §34; 1995 c.333 §22; 1997 c.833 §21

See note under 223.317.