Oregon Statutes 548.715 – Debt refunding agreements; obtaining consent of unknown or nonconsenting creditors
Current as of: 2023 | Check for updates
|
Other versions
Whenever any irrigation or drainage district engaged in the refunding of its indebtedness has entered into a contract for such purposes with 80 percent or more of the owners or holders of its bonds, warrants or other evidences of indebtedness, such district may proceed to obtain the constructive consent of the unknown or nonconsenting owners or holders of such evidences of indebtedness to such contract, as provided by ORS § 545.651 to 545.663.
Terms Used In Oregon Statutes 548.715
- Contract: A legal written agreement that becomes binding when signed.
[Formerly 544.030; repealed by 1989 c.182 § 49]
REORGANIZATION AND DISSOLUTION