Oregon Revised Statutes Chapter 370 § 370.170 — Special bond redemption funds
Oregon Revised Statutes Chapter 370 ·
Oregon Code § 370.170·Enacted ·Last updated March 01, 2026
Statute Text
Special bond redemption funds.
Beginning with the fourth year after the bonds are sold the county court shall
each year thereafter, until maturity of the bonds, set aside as a special fund
for their payment such percentage of the face value of the bonds as at the date
of their maturity shall aggregate their full face value. Where bonds are issued
in different series maturing at different times a separate redemption fund
shall be provided for each series.
Plain English Explanation
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 370.170
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Special bond redemption funds. 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 § 370.170. Use this format in legal documents and court filings.
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