Home/Oregon/Statutes/Vol.: 12/Title 36: Public Health and Safety/Ch. 450: Sanitary Districts and Authorities; Water Authorities/§ 450.120
Oregon Statutes

§ 450.120 — Debt limitations

Oregon § 450.120
JurisdictionOregon
Vol.12
Title 36Public Health and Safety
Ch. 450Sanitary Districts and Authorities; Water Authorities

This text of Oregon § 450.120 (Debt limitations) 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. § 450.120 (2026).

Text

The total outstanding district bonds of all types, including improvement bonds of the kind authorized by ORS 223.205 and 223.210 to 223.295, shall at no time exceed in the aggregate 13 percent of the real market value of all taxable property within the district, computed in accordance with ORS 308.207.

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Related

§ 223.205
Oregon § 223.205
§ 308.207
Oregon § 308.207

Legislative History

Amended by 1955 c.612 §1; 1963 c.9 §27; 1991 c.459 §402

Nearby Sections

15
§ 450.005
Definitions for ORS 450.005 to 450.245
§ 450.009
Formation purposes; petition
§ 450.010
§ 450.010
§ 450.015
§ 450.015
§ 450.017
§ 450.017
§ 450.020
§ 450.020
§ 450.025
§ 450.025
§ 450.030
§ 450.030
§ 450.035
§ 450.035
§ 450.040
§ 450.040
§ 450.045
Board members; qualifications; first terms
§ 450.050
§ 450.050
§ 450.052
§ 450.052
§ 450.054
§ 450.054
§ 450.055
Board officers; term; vacancy
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Bluebook (online)
Oregon § 450.120, Counsel Stack Legal Research, https://law.counselstack.com/statute/or/450.120.