Oregon Revised Statutes Chapter 552 § 552.635 — Levy
Oregon Revised Statutes Chapter 552 ·
Oregon Code § 552.635·Enacted ·Last updated March 01, 2026
Statute Text
Levy
to establish revolving fund; use of fund.
For the purpose of establishing a revolving fund to
provide money to finance the planning and construction of district works, a
district board may levy an ad valorem tax of not to exceed in any one year
three-twentieths of one percent (0.0015) of real market value of all taxable
property within the district. The revenue derived from such taxes shall be
credited to a revolving fund, and shall be disbursed by the district board and
used only for the purpose for which levied. [1969 c.606 §46; 1991 c.459 §429]
Plain English Explanation
This Oregon statute addresses Levy
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 552.635
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Levy
. Read the full statute text above for details.
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The formal citation is Oregon Code § 552.635. Use this format in legal documents and court filings.
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