GroundRules
ORS 287A.472: Interest on municipal warrants not paid on presentation.
Where this section sits in the code
- 07 - Public Facilities and Finance
- 27. Public Borrowing
- Chapter 287A — LOCAL GOVERNMENT BORROWING
All warrants for payment of money issued by cities and other municipalities that are not paid upon presentation and so indorsed shall draw interest at the legal rate after such indorsements but municipalities may by proper resolution fix the rate at less than the legal rate and may make such interest payable semiannually.
Collected 2026-09-03T23:50:13Z. Source file · JSON