Oregon § 478.470 Interest on unpaid warrants; limitation on amount of warrants

Oregon Statutes

§ 478.470 — Interest on unpaid warrants; limitation on amount of warrants

Oregon § 478.470

Vol.14

Title 38Protection From Fire

Ch. 478Rural Fire Protection Districts

This text of Oregon § 478.470 (Interest on unpaid warrants; limitation on amount of warrants) 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. § 478.470 (2026).

Text

All warrants for the payment of any indebtedness of a district which are unpaid for want of funds shall bear interest at a rate to be fixed by the district board but not to exceed six percent per annum from the date of the registering of the unpaid warrants with the county treasurer. The amount of warrants outstanding shall not exceed the revenue provided for the year in which the indebtedness was incurred.

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All warrants for the payment of any indebtedness of a district which are unpaid for want of funds shall bear interest at a rate to be fixed by the district board but not to exceed six percent per annum from the date of the registering of the unpaid warrants with the county treasurer. The amount of warrants outstanding shall not exceed the revenue provided for the year in which the indebtedness was incurred.