ORS 547.655: Authority to adopt alternative procedure.
Edition: 2025 EditionEffective: 2026-01-01Last verified: 2026-09-07
Any drainage district desiring to refund its outstanding indebtedness or issue bonds for any purposes may, in lieu of the procedure otherwise provided by law, elect to adopt the procedure provided by ORS 547.660 to 547.695.
This rule cites
- ORS 547.660 — resolved
- 547.695 — resolved
Cited by
- ORS 547.665: Numbering; maturities; negotiability; interest; place of payment; denominations; execution; registration; authority to retire bonds.
- ORS 547.670: Offer by holders of indebtedness to surrender evidences thereof or accept proportional payment; sale of bonds; notice; publication.
- ORS 547.685: Retirement of bonds before maturity; notice of call; date of payment; cessation of interest.
- ORS 547.690: Judicial confirmation.
- ORS 547.695: Sale of lands for delinquent charges; district as purchaser; resale; payment of proceeds into emergency fund; district to bid at tax sale.
Official source: https://www.oregonlegislature.gov/bills_laws/ors/ors547.html