Oregon Code § 545.645·Enacted ·Last updated March 01, 2026
Statute Text
Terms
of contract; parties; execution.
(1) Notwithstanding any other statute expressly or impliedly limiting the
powers of the parties named in this section to enter into a contract, a
contract under ORS 545.643 to 545.667 may provide a plan for liquidation of any
indebtedness by the district to which the parties may agree. The contract may
provide for terms of discount of the principal or interest, times and manner of
payment and apportionment of the obligations of the contract over the irrigable
or other lands within the district and the water rights appurtenant to those
lands. All parties named in subsection (2) of this section may become party to,
sign, seal, execute and deliver any contract so agreed upon, according to ORS
Plain English Explanation
This Oregon statute addresses Terms
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 545.645
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Terms
. Read the full statute text above for details.
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The formal citation is Oregon Code § 545.645. Use this format in legal documents and court filings.
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