Oregon § 221.410 Power of city to control local affairs; limitation of floating indebtedness

Oregon Statutes

§ 221.410 — Power of city to control local affairs; limitation of floating indebtedness

Oregon § 221.410

Vol.6

Title 21Cities

Ch.221

This text of Oregon § 221.410 (Power of city to control local affairs; limitation of floating indebtedness) is published on Counsel Stack Legal Research, covering Oregon primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Or. Rev. Stat. § 221.410 (2026).

Text

(1)Except as limited by express provision or necessary implication of general law, a city may take all action necessary or convenient for the government of its local affairs.

(2)(a) A city may not, unless authorized to do so by its electors, contract a voluntary floating indebtedness in excess of the sum of $5,000 for general city purposes. A city official or employee who creates or officially approves such an indebtedness in excess of the limitation shall be liable for the amount of the excess.

(b)Notwithstanding paragraph (a) of this subsection, a city may contract a voluntary floating indebtedness in excess of the sum of $5,000 for general city purposes without an election specifically approving the indebtedness if authorized to do so by a statute or charter.

(3)As used in this secti

Free access — add to your briefcase to read the full text and ask questions with AI

(1) Except as limited by express provision or necessary implication of general law, a city may take all action necessary or convenient for the government of its local affairs.
(2)(a) A city may not, unless authorized to do so by its electors, contract a voluntary floating indebtedness in excess of the sum of $5,000 for general city purposes. A city official or employee who creates or officially approves such an indebtedness in excess of the limitation shall be liable for the amount of the excess.
(b) Notwithstanding paragraph (a) of this subsection, a city may contract a voluntary floating indebtedness in excess of the sum of $5,000 for general city purposes without an election specifically approving the indebtedness if authorized to do so by a statute or charter.
(3) As used in this section, “city” has the meaning given that term in ORS 221.010.