Chapter 450 — Sanitary Districts and Authorities; Water Authorities
ORS 450.110 District bonds; denomination; place of payment; interest
(1)
General obligation or revenue bonds shall be of such denominations as the district board determines, except that no bonds shall be of a denomination greater than $5,000.
(2)
All bonds shall be payable in lawful money of the United States at a place named by the district board, and shall bear interest at a rate determined by the district board, payable semiannually.
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2025 Oregon Revised Statutes — official online source
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2025 Oregon Revised Statutes — official online source