Oregon Statutes
§ 545.675 — Parties to contract; execution
Oregon § 545.675
JurisdictionOregon
Vol.15
Title 45Water Resources; Irrigation, Drainage, Flood Control, Reclamation
Ch. 545Irrigation Districts
This text of Oregon § 545.675 (Parties to contract; execution) 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. § 545.675 (2026).
Text
(1)All parties described in this section are authorized to become party to, sign, seal, execute and deliver a contract agreed upon under ORS 545.671 to 545.679. The parties shall include:
(a)The irrigation district; and
(b)The owners or holders of at least 66-2/3 percent in amount of the then outstanding bonds or other evidences of indebtedness of the district, the liquidation of which is the purpose of the contract. The owners or holders jointly may become party to the contract through the agency of a protective or bondholders’ committee selected for that purpose by the owners or holders of outstanding bonds or other evidences of indebtedness.
(2)The contract shall be executed by all parties with such formalities as will entitle it to be recorded.
Free access — add to your briefcase to read the full text and ask questions with AI
Related
§ 545.671
Oregon § 545.671
Legislative History
Formerly 545.356
Nearby Sections
15
§ 545.001
Short title§ 545.002
Definitions§ 545.004
§ 545.004§ 545.006
§ 545.006§ 545.007
Voting rights§ 545.008
§ 545.008§ 545.010
§ 545.010§ 545.012
§ 545.012§ 545.014
§ 545.014§ 545.016
§ 545.016§ 545.018
§ 545.018§ 545.020
§ 545.020§ 545.022
§ 545.022§ 545.024
§ 545.024Cite This Page — Counsel Stack
Bluebook (online)
Oregon § 545.675, Counsel Stack Legal Research, https://law.counselstack.com/statute/or/545.675.