{"data":{"id":"us-or/ors-450.110","jurisdiction":"us-or","citation":"ORS 450.110","heading":"District bonds; denomination; place of payment; interest.","body":"(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.\n      (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.","path":["12 - Public Health","36. Public Health and Safety","Chapter 450 — Sanitary Districts and Authorities; Water Authorities"],"source_url":"https://www.oregonlegislature.gov/bills_laws/ors/ors450.html","current_through":"2025 Edition","vintage":"","retrieved_at":"2026-09-03T23:50:14Z","sha256":"cafece321ceeecc862874b1736c242b8cf7694e2a0f1b294128513653001b739","source_id":"us-or","stale":false,"prev":"us-or/ors-450.105","next":"us-or/ors-450.115"},"notice":"GroundRules: Original legal text. Not legal advice."}
