Oregon Statutes 523.120 – Deposit or other security for use of heat
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Any district may require a reasonable cash deposit or an irrevocable letter of credit to insure payment for the use or rent of geothermal heat to be furnished by the district. [1975 c.782 § 12; 1991 c.331 § 75]
Terms Used In Oregon Statutes 523.120
- District: means a geothermal heating district formed under this chapter. See Oregon Statutes 523.010
- Geothermal heat: means heat derived from geothermal resources. See Oregon Statutes 523.010