Chapter 225 — Municipal Utilities
ORS 225.260 Use of proceeds of bond issues
The proceeds of bond issues issued after June 6, 1931, by authority of charter provisions of the city for the purpose of creating, acquiring, building, improving, enlarging, altering or repairing the plant or system referred to by ORS 225.210 shall be used exclusively for the purposes for which such bonds were authorized and issued.
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2025 Oregon Revised Statutes — official online source
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2025 Oregon Revised Statutes — official online source