Oregon Statutes 223.322 – Proration of unpaid installments
Current as of: 2023 | Check for updates
|
Other versions
When a final assessment is being paid in installments under the Bancroft Bonding Act or ORS § 450.897, if the final assessment is apportioned among smaller parcels of real property under ORS § 223.317 to 223.327, the installments remaining unpaid shall be prorated among those smaller parcels so that each parcel shall be charged with that percentage of the remaining installment payments equal to the percentage of the unpaid final assessment charged to the parcel upon apportionment. [Formerly 308.145; 1991 c.902 § 34; 1995 c.333 § 22; 1997 c.833 § 21]
Terms Used In Oregon Statutes 223.322
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
See note under 223.317.
[Repealed by 1971 c.325 § 1]