Oregon Statutes
§ 450.295 — Refinancing indebtedness of district; court-appointed receiver may operate system
Oregon § 450.295
JurisdictionOregon
Vol.12
Title 36Public Health and Safety
Ch. 450Sanitary Districts and Authorities; Water Authorities
This text of Oregon § 450.295 (Refinancing indebtedness of district; court-appointed receiver may operate system) 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. § 450.295 (2026).
Text
If any district fails to meet, when due, any obligations sold to the state under authority of ORS 450.250 to 450.300, the State Treasurer and the district may agree upon and put into effect, any plan they may consider expedient for refinancing the indebtedness of the district, or the State Treasurer, with the approval of the circuit court of the county in which the major portion of the assessed valuation of the district is located, may appoint a receiver to operate the sewerage system. The receiver shall act as such so long as the circuit court deems receivership necessary to protect the interests of the state and of the district.
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Related
§ 450.250
Oregon § 450.250
Legislative History
1955 c.577 §10
Nearby Sections
15
Cite This Page — Counsel Stack
Bluebook (online)
Oregon § 450.295, Counsel Stack Legal Research, https://law.counselstack.com/statute/or/450.295.