GroundRules
ORS 450.110: District bonds; denomination; place of payment; interest.
Where this section sits in the code
- 12 - Public Health
- 36. Public Health and Safety
- Chapter 450 — Sanitary Districts and Authorities; Water Authorities
(1) General obligation or revenue bonds shall be of such denominations as the district board determines, except that no bonds shall be of a denomination greater than $5,000.
(2) All bonds shall be payable in lawful money of the United States at a place named by the district board, and shall bear interest at a rate determined by the district board, payable semiannually.
Collected 2026-09-03T23:50:14Z. Source file · JSON