§ 261.705 — Authority to dissolve district; vote authorizing dissolution

Oregon § 261.705

• Jurisdiction: Oregon
• Vol.: 7
• Title 24: Public Organizations for Community Service
• Ch.: 261

Text

Any people’s utility district which has not received voter authorization within five years of its formation election to issue bonds in an amount sufficient to acquire or build a system to provide service within its district may be dissolved whenever a majority vote of the electors of the district voting at an election for such purpose favors the dissolution.

Legislative History

Amended by 1987 c.824 §1