Oregon § 223.760 H.O.L.C. bonds accepted in payment of assessment liens

Oregon Statutes

§ 223.760 — H.O.L.C. bonds accepted in payment of assessment liens

Oregon § 223.760

Vol.6

Title 21Cities

Ch. 223Local Improvements and Works Generally

This text of Oregon § 223.760 (H.O.L.C. bonds accepted in payment of assessment liens) 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. § 223.760 (2026).

Text

The governing body of any incorporated city may by ordinance provide that any or all special assessments levied against any tract or part thereof within the city and due the city, may be paid by bonds issued by the Home Owners’ Loan Corporation, created by Act of Congress as of June 13, 1933. The governing body shall in the ordinance prescribe the terms and conditions under which those bonds shall be accepted in payment of such assessments.

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The governing body of any incorporated city may by ordinance provide that any or all special assessments levied against any tract or part thereof within the city and due the city, may be paid by bonds issued by the Home Owners’ Loan Corporation, created by Act of Congress as of June 13, 1933. The governing body shall in the ordinance prescribe the terms and conditions under which those bonds shall be accepted in payment of such assessments.