Bonds authorized under ORS § 478.410 shall be issued and sold in the manner prescribed in ORS Chapter 287A. The bonds shall be so conditioned that the district agrees to pay, at the place named, to the bearer the sum named in lawful money of the United States with interest at the rate named, payable semiannually each year in accordance with the terms of interest coupons attached. [Amended by 1969 c.667 § 27; 1969 c.694 § 18; 1971 c.36 § 7; 1975 c.642 § 25; 1977 c.188 § 6; 2001 c.215 § 12; 2007 c.783 § 208]

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Terms Used In Oregon Statutes 478.420

  • District: means a rural fire protection district proposed to be organized or organized under, or subject to, this chapter. See Oregon Statutes 478.001
  • United States: includes territories, outlying possessions and the District of Columbia. See Oregon Statutes 174.100