There is a newer version of the Oregon Revised Statutes
2011 Oregon Revised Statutes
ORS Volume 13, Chapters 536 - 644
ORS Chapter 545
545.515 Bonds; interest included in authorized amount.
OR Rev Stat § 545.515 (through Leg Sess 2011) What's This?
When authorized by the electors, the bonds of a district may be issued so as to include a sum sufficient to pay the first four years interest, or less, to accrue on the bonds. [Formerly 545.196]
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