Oregon Revised Statutes Chapter 328 § 328.250 — Limitation on bonded indebtedness of enlarged or reorganized school districts
Oregon Revised Statutes Chapter 328 ·
Oregon Code § 328.250·Enacted ·Last updated March 01, 2026
Statute Text
Limitation on bonded indebtedness of enlarged or reorganized school districts.
In any school district created by
merger or reorganization, the amount of bonded indebtedness and negotiable
interest-bearing warrant indebtedness which may be incurred under ORS 328.245
shall be reduced by the amount of premerger, prereorganization, bonded
indebtedness and negotiable interest-bearing warrant indebtedness for which any
school district included in an enlarged or reorganized school district remains
liable. [Amended by 1965 c.100 §56]
Plain English Explanation
This Oregon statute addresses Limitation on bonded indebtedness of enlarged or reorganized school districts. AI-powered analysis coming soon.
Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 328.250
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Limitation on bonded indebtedness of enlarged or reorganized school districts. Read the full statute text above for details.
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The formal citation is Oregon Code § 328.250. Use this format in legal documents and court filings.
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