2011 Oregon Revised Statutes
ORS Volume 13, Chapters 536 - 644
ORS Chapter 553
553.635 Contract provisions for payment of government construction charges.


OR Rev Stat § 553.635 (through Leg Sess 2011) What's This?

The contract provisions for the payment of construction charges to the United States, and the bonds securing the payment of the same, if any are issued and deposited, may be of such denomination and may call for the payment of such interest not exceeding six percent per annum, may provide for such installments and for repayment of the principal at such times, as may be required by the federal laws and as may be agreed upon between the board and the appropriate federal agency. [1965 c.623 21]

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