Chapter 376 — Ways of Necessity; Special Ways; Pedestrian Malls
ORS 376.800 Special fund for payment of damages and expenses; use of surplus
(1)
All collections of assessments and all proceeds of the sale of bonds issued upon unpaid assessments shall be placed in a special fund and used exclusively for the payment of the damages, if any, and expenses for which the assessments were levied.
(2)
If there is a surplus in such special fund, the legislative body may expend such surplus for the improvement or operation of the pedestrian mall.
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Provenance
2025 Oregon Revised Statutes — official online source
Official online edition
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- oregonlegislature.gov
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Version history
Earlier statutory text is available in an ingested published ORS edition.
2025 Oregon Revised Statutes — official online source · active · operative text
Official source2023 Oregon Revised Statutes · active · operative text
Official source