There is a newer version
of
this Section
2019 Oregon Revised Statutes
Volume : 07 - Public Facilities and Finance
Chapter 287A - Local Government Borrowing
Section 287A.472 - Interest on municipal warrants not paid on presentation.
Universal Citation: OR Rev Stat § 287A.472 (2019)
All warrants for payment of money issued by cities and other municipalities that are not paid upon presentation and so indorsed shall draw interest at the legal rate after such indorsements but municipalities may by proper resolution fix the rate at less than the legal rate and may make such interest payable semiannually. [Formerly 287.452]
Disclaimer: These codes may not be the most recent version. Oregon may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
