Oregon — State Statute

Oregon Revised Statutes Chapter 223 § 223.505 — to 223.650

Oregon Revised Statutes Chapter 223 ·
Oregon Code § 223.505 · Enacted · Last updated March 01, 2026
Statute Text
to 223.650. (d) Secure a loan or financing in any other manner that the local government determines is reasonable. (7)(a) In lieu of enforcing liens and collecting assessments as provided in subsection (6)(c) of this section, a local government may certify the assessment, in the manner provided in ORS 310.060, to the county assessor of each county in which benefited qualifying real property is located. (b) If the assessments are certified as provided in this subsection, the county assessor shall: (A) Enter the assessment upon the county assessment roll against the property described in the certificate, in the manner that other local government assessments are entered; (B) Collect, account for and enforce the assessments in the manner that local government property taxes are collected, accounted for and enforced; and (C) Transfer, as provided by law, the assessments collected to the local government that imposed the assessment. (8) A local government may issue revenue bonds pursuant to ORS 287A.150 to finance the costs of a program established under this section, including the costs of making loans for seismic rehabilitation. [2015 c.48 §1; 2017 c.283 §2] Note:
Plain English Explanation
This Oregon statute addresses to 223.650. AI-powered analysis coming soon.
Key Points
Frequently Asked Questions
This section of Oregon law addresses to 223.650. Read the full statute text above for details.
This page reflects the current text as of our last update. Always verify with the official Oregon legislature website for the most current version.
The formal citation is Oregon Code § 223.505. Use this format in legal documents and court filings.
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