The bonds issued by districts pursuant to ORS 450.250 to 450.300 shall bear such dates, be in such form, run for such periods of time, bear such rates of interest, and be sold by the districts at such prices as the State Treasurer may determine. Refunding bonds of like obligation may be issued to replace outstanding bonds, provided the refunding bonds are sold publicly upon competitive bids. [1955 c.577 §4; 1981 c.94 §38]
Section: Previous 450.239 450.240 450.242 450.245 450.250 450.255 450.260 450.265 450.270 450.275 450.280 450.285 450.290 450.295 450.300 NextLast modified: August 7, 2008