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Oregon Rev. Stat.
2017 Oregon Revised Statutes
Volume : 13 - Water Resources, Agriculture and Food
Chapter 545 - Irrigation Districts
Section 545.401 - Deposit of moneys in special fund; uses.
Universal Citation:
OR Rev Stat § 545.401 (2017)
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All moneys realized from any assessments levied under ORS 545.399 shall be deposited by the treasurer of the district into a special fund, which shall be used solely for the purpose of carrying out and complying with the terms of the contract and the payment of installments of principal and interest falling due upon any bonds issued pursuant to the contract. [Formerly 545.384]
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