Oregon Code § 545.517·Enacted ·Last updated March 01, 2026
Statute Text
Bonds
securing payments to United States.
The contract provisions for the payment of construction charges to the United
States may call for the payment of such interest, may provide for such
installments and may provide for repayment of the principal at such times, as
may be required by the federal laws and as may be agreed upon between the board
and the Secretary of the Interior. If bonds of the district are issued and
deposited for the purpose of securing payment of construction charges to the
United States, the bonds may be of such denomination and may provide for the
payment of such interest as may be required by the federal laws and as may be
agreed upon between the board and the Secretary of the Interior. [Formerly
545.198]
Plain English Explanation
This Oregon statute addresses Bonds
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 545.517
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Bonds
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