Oregon — State Statute

Oregon Revised Statutes Chapter 545 § 545.401 — Deposit of moneys in special fund; uses

Oregon Revised Statutes Chapter 545 ·
Oregon Code § 545.401 · Enacted · Last updated March 01, 2026
Statute Text
Deposit of moneys in special fund; uses. All moneys realized from any assessments levied under ORS 545.399 shall be deposited by the treasurer of the district into a special fund, which shall be used solely for the purpose of carrying out and complying with the terms of the contract and the payment of installments of principal and interest falling due upon any bonds issued pursuant to the contract. [Formerly 545.384]
Plain English Explanation
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This section of Oregon law addresses Deposit of moneys in special fund; uses. 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 § 545.401. Use this format in legal documents and court filings.
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