When amortizing bonds are issued as authorized by ORS § 545.585, the installments in which the assessments are to be paid shall be in fixed amounts including both principal and interest, and only the principal portions of the installments shall be charged against total benefits in determining benefit surplus, as defined in ORS § 545.575. [Formerly 545.258]

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[Amended by 1995 c.42 § 10; 1995 c.78 § 2; renumbered 545.051 in 1995]

 

[Amended by 1995 c.42 § 11; renumbered 545.057 in 1995]