Oregon Revised Statutes Chapter 376 § 376.800 — Special fund for payment of damages and expenses; use of surplus
Oregon Revised Statutes Chapter 376 ·
Oregon Code § 376.800·Enacted ·Last updated March 01, 2026
Statute Text
Special fund for payment of damages and expenses; use of surplus.
(1) All collections of assessments
and all proceeds of the sale of bonds issued upon unpaid assessments shall be
placed in a special fund and used exclusively for the payment of the damages,
if any, and expenses for which the assessments were levied.
(2) If there is a
surplus in such special fund, the legislative body may expend such surplus for
the improvement or operation of the pedestrian mall. [1961 c.666 §29]
Plain English Explanation
This Oregon statute addresses Special fund for payment of damages and expenses; use of surplus. AI-powered analysis coming soon.
Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 376.800
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Special fund for payment of damages and expenses; use of surplus. Read the full statute text above for details.
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