Oregon § 450.110 District bonds; denomination; place of payment; interest

Oregon Statutes

§ 450.110 — District bonds; denomination; place of payment; interest

Oregon § 450.110

Vol.12

Title 36Public Health and Safety

Ch. 450Sanitary Districts and Authorities; Water Authorities

This text of Oregon § 450.110 (District bonds; denomination; place of payment; interest) 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. § 450.110 (2026).

Text

(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.

(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.

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