Oregon Revised Statutes Chapter 381 § 381.520 — Tax to
Oregon Revised Statutes Chapter 381 ·
Oregon Code § 381.520·Enacted ·Last updated March 01, 2026
Statute Text
Tax to
pay bond interest and principal.
The county court shall, at the time of making the annual tax levy upon the
previous years assessment, levy a tax on all the taxable property in the
county sufficient to pay the outstanding bonds at maturity and the interest on
all outstanding bonds for the current year. The proceeds derived from the tax
shall be used only for the payment of the principal and interest of the bonds.
Such proceeds shall be paid by the county treasurer to the bearer of the bonds
or sent to the fiscal agency at New York City for the payment of the interest
coupons upon presentation as provided in ORS 381.500.
INTERSTATE BRIDGES
FINANCED BY CITY BONDS
Plain English Explanation
This Oregon statute addresses Tax to
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 381.520
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Tax to
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