{"data":{"id":"us-or/ors-280.460","jurisdiction":"us-or","citation":"ORS 280.460","heading":"Refunding bonds.","body":"The city shall have the power, whenever it deems refunding expedient, to refund any bonds issued under ORS 280.410 to 280.485 by the issuance of new bonds, whether the bonds to be refunded have or have not matured. The refunding bonds may be exchanged for bonds to be refunded and the proceeds applied to the purchase, redemption or payment of such bonds.","path":["07 - Public Facilities and Finance","26. Public Facilities, Contracting and insurance","Chapter 280 — Financing of Local Public Projects and Improvements; City and County Economic Development"],"source_url":"https://www.oregonlegislature.gov/bills_laws/ors/ors280.html","current_through":"2025 Edition","vintage":"","retrieved_at":"2026-09-03T23:50:13Z","sha256":"d5942b2f0983c3a44f9cd33c6c5769d59a1251dac0a7017d015e85012c6fc8ac","source_id":"us-or","stale":false,"prev":"us-or/ors-280.455","next":"us-or/ors-280.465"},"notice":"GroundRules: Original legal text. Not legal advice."}