GroundRules
ORS 450.120: Debt limitations.
Where this section sits in the code
- 12 - Public Health
- 36. Public Health and Safety
- Chapter 450 — Sanitary Districts and Authorities; Water Authorities
The total outstanding district bonds of all types, including improvement bonds of the kind authorized by ORS 223.205 and 223.210 to 223.295, shall at no time exceed in the aggregate 13 percent of the real market value of all taxable property within the district, computed in accordance with ORS 308.207.
Collected 2026-09-03T23:50:14Z. Source file · JSON