Oregon Code § 225.380·Enacted ·Last updated March 01, 2026
Statute Text
Application of debt limitations.
The amount of any self-liquidating bonds issued under ORS 225.360 shall not be
within any limitation of indebtedness fixed by law or charter, but shall be in
addition to the amount of the bonds within the limitation. However, the
aggregate of the bonds, after deducting sinking funds applicable to payment of
principal of the bonds, shall not exceed two and one-half percent of the latest
real market value of the issuing city. [Amended by 1967 c.293 §27; 1981 c.804 §74;
1991 c.459 §355]
Plain English Explanation
This Oregon statute addresses Application of debt limitations. AI-powered analysis coming soon.
Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 225.380
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Application of debt limitations. Read the full statute text above for details.
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