Oregon Revised Statutes Chapter 403 § 403.542 — Contracts with United States
Oregon Revised Statutes Chapter 403 ·
Oregon Code § 403.542·Enacted ·Last updated March 01, 2026
Statute Text
Contracts with United States.
(1) In carrying out the powers conferred by ORS 403.500 to 403.542, a radio and
data district may contract with the United States or any agency thereof for the
acquisition, construction, reconstruction, maintenance and operation, or any of
them, of radio and data equipment and facilities or other property for use by
the district.
(2) Contract
provisions for repayment of any loan from the United States, and the bonds
securing the payment of the loan, if any are issued, may be of any term or
denomination not exceeding 50 years and may call for the payment of interest
not exceeding seven percent per annum, may provide for installments and for
repayment of the principal at such times as may be required by federal law or
as may be agreed upon between the district board and the United States agency. [2009
c.584 §18]
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Plain English Explanation
This Oregon statute addresses Contracts with United States. AI-powered analysis coming soon.
Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 403.542
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Contracts with United States. Read the full statute text above for details.
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The formal citation is Oregon Code § 403.542. Use this format in legal documents and court filings.
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