Statutes, codes, and regulations
Oregon Revised Statutes
Title 21 - CITIESChapter 223 - LOCAL IMPROVEMENTS AND WORKS GENERALLY
FINANCING OF LOCAL IMPROVEMENTS; REBONDING; REINSTATEMENT; TYPE OF BONDS ACCEPTED IN PAYMENT OF LIENS; ASSESSMENT OF PUBLIC PROPERTY
Section 223.735 - Debt limitation of local government not applicable

ORS § 223.735

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Current through 2024 Regular Session legislation
Section 223.735 - Debt limitation of local government not applicable

The bonds and the amount thereof authorized pursuant to ORS 223.705 shall not be counted in calculating the limited indebtedness of any local government, fixed either by its charter, ORS 223.295, by any law, or by the Constitution of this state, but shall be in excess thereof and excluded from such debt limitations.

ORS 223.735

Amended by 1991 c.902 §82; 2003 c. 802, § 56