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2011 Oregon Revised Statutes
ORS Volume 11, Chapters 431 - 470
ORS Chapter 440
440.380 Bonds; maturity; interest; conditions.


OR Rev Stat § 440.380 (through Leg Sess 2011) What's This?

(1) The bonds shall mature serially within not to exceed 30 years from issue date.

(2) The bonds shall bear such rate of interest as the district board shall determine.

(3) The bonds shall be so conditioned that the health district agrees therein to pay to the bearer, at a place named, the principal sum of the bonds with interest at the rate named, payable semiannually in accordance with the tenor and terms of the interest coupons attached. [Formerly 441.345; 1977 c.188 3; 1981 c.94 36; 1983 c.347 27; 2001 c.215 5]

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