Oregon Code § 554.250·Enacted ·Last updated March 01, 2026
Statute Text
Refunding bonds.
The board of directors may issue bonds for the purpose of refunding or
satisfying any of the bonded or other indebtedness of the corporation, whether
or not due, or which has or may become payable at the option of the
corporation, or by consent of the holders of the indebtedness, or by any lawful
means, whether such bonded or other indebtedness is now existing or may
hereafter be created, and there are not funds in the treasury of the
corporation available for the payment of the same and unpaid interest thereon.
Plain English Explanation
This Oregon statute addresses Refunding bonds. AI-powered analysis coming soon.
Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 554.250
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Refunding bonds. Read the full statute text above for details.
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The formal citation is Oregon Code § 554.250. Use this format in legal documents and court filings.
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