ORS § 271.320

Current through 2024 Regular Session legislation effective April 4, 2024
Section 271.320 - Exchange of trust fund assets

If any property owned by a political subdivision is held as an asset of any special trust fund securing the payment of bonds, it may be exchanged, under the authority granted in ORS 271.310, for other property of equal or superior value, and property so received in exchange shall be an asset of the fund in lieu of the property previously held.

ORS 271.320

Amended by 1981 c.787 §28