When authorized by the electors, the bonds of a district may be issued so as to include a sum sufficient to pay the first four years’ interest, or less, to accrue on the bonds.
ORS 545.515
Known as the Irrigation District Law
The act spans §§ 545–545 (394 sections).
Formerly 545.196
Official source: Oregon State Legislature. Reproduced from public-domain Oregon statutes; confirm against the official source for the current text. Not legal advice.