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
01Part of Oregon statutory law
02Referenced as Oregon Code § 223.505
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
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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