Oregon Statutes - Chapter 777 - Ports Generally - Section 777.465 - Disposition of refunding bonds.

The refunding bonds may be exchanged par value for par value for the bonds they are issued to refund and may be issued and delivered to a judgment creditor in the amount of the judgment, or the bonds may be advertised for sale and sold for not less than the par value thereof.

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Last modified: August 7, 2008