Upon satisfactory showing before the Department of Transportation by any county that the county does not have sufficient funds with which to pay, when due, bonded indebtedness incurred for highway purposes, the department may certify to such fact. Pursuant to the certificate, a warrant shall be drawn in favor of the county against the highway fund in the amount set out in each certificate, which amount so advanced shall be deducted from the next payment due the county under ORS 366.762 to 366.768. [Formerly 366.540]
Section: Previous 366.750 366.755 366.760 366.762 366.764 366.765 366.766 366.768 366.770 366.772 366.773 366.774 366.775 366.777 366.780 NextLast modified: August 7, 2008