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2011 Oregon Revised Statutes
ORS Volume 13, Chapters 536 - 644
ORS Chapter 545
545.581 Assessment installments.


OR Rev Stat § 545.581 (through Leg Sess 2011) What's This?

When amortizing bonds are issued as authorized by ORS 545.585, the installments in which the assessments are to be paid shall be in fixed amounts including both principal and interest, and only the principal portions of the installments shall be charged against total benefits in determining benefit surplus, as defined in ORS 545.575. [Formerly 545.258]

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