Oregon Revised Statutes Chapter 541 § 541.800 — Payment of bond principal and interest from Water Development Administration
Oregon Revised Statutes Chapter 541 ·
Oregon Code § 541.800·Enacted ·Last updated March 01, 2026
Statute Text
Payment of bond principal and interest from Water Development Administration
and Bond Sinking Fund.
(1) The State Treasurer shall make payment of the principal of and the interest
on any bond issued under ORS 541.780 to 541.815 from the Water Development
Administration and Bond Sinking Fund.
(2) The State
Treasurer shall compute and determine in January of each year, after the sale
of bonds under ORS 541.780 to 541.815, the amount of principal and interest
which will fall due during such year on bonds then outstanding and unpaid and
shall maintain or hold in the Water Development Administration and Bond Sinking
Fund sufficient moneys to pay such maturing obligations. [1977 c.246 §§23,26]
Plain English Explanation
This Oregon statute addresses Payment of bond principal and interest from Water Development Administration
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 541.800
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Payment of bond principal and interest from Water Development Administration
. Read the full statute text above for details.
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The formal citation is Oregon Code § 541.800. Use this format in legal documents and court filings.
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