Statutes, codes, and regulations
Oregon Revised Statutes
Title 36 - PUBLIC HEALTH AND SAFETYChapter 450 - SANITARY DISTRICTS AND AUTHORITIES; WATER AUTHORITIESSANITARY DISTRICTS
DISTRICTS WITH VALUATION LESS THAN $250,000
Section 450.265 - Bonds issued by district pursuant to ORS 450.250 to 450.300 are subject to State Treasurer control; refunding bonds issuable

ORS § 450.265

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Current through 2024 Regular Session legislation
Section 450.265 - Bonds issued by district pursuant to ORS 450.250 to 450.300 are subject to State Treasurer control; refunding bonds issuable

The bonds issued by districts pursuant to ORS 450.250 to 450.300 shall bear such dates, be in such form, run for such periods of time, bear such rates of interest, and be sold by the districts at such prices as the State Treasurer may determine. Refunding bonds of like obligation may be issued to replace outstanding bonds, provided the refunding bonds are sold publicly upon competitive bids.

ORS 450.265

1955 c.577 §4; 1981 c.94 §38