Oregon Law
Law as of Jan 1, 2026
Chapter contents
553.010Definitions 553.020Creation of water control districts; purposes; limits 553.030[Amended by 1965 c.623 §2; repealed by 1971 c.727 §203] 553.035Application of election laws 553.040[Amended by 1965 c.623 §2a; repealed by 1971 c.727 §203] 553.050[Repealed by 1971 c.727 §203] 553.060[Amended by 1965 c.623 §3; repealed by 1971 c.727 §203] 553.065[1965 c.623 §8a; 1969 c.691 §3; repealed by 1971 c.727 §203] 553.070Boundary change; consent 553.080[Amended by 1959 c.71 §1; 1967 c.609 §12; 1969 c.691 §3a; repealed by 1971 c.647 §149] 553.090Nature and powers of district 553.095Entry upon land; notice 553.100[Repealed by 1975 c.326 §5] 553.105Districts coterminous with 1969 districts; abolishment of existing districts 553.107Effect of creation of districts under ORS 553.105 553.110Vested water rights; inclusion of land in district or assessment; consent 553.210Election of directors; qualifications; terms; vacancies; change in number of directors 553.220Organization meeting; officers; duties; meetings 553.230Powers and duties of board 553.240County court as governing body 553.250Authority to acquire and dispose of water works; sale of water 553.260[1963 c.363 §3; repealed by 1969 c.691 §13] 553.270Procedure on condemnation; property subject to and exempted from condemnation 553.280Undertaking prior to entry as part of condemnation proceedings 553.290Possession of land after commencement of proceedings 553.310Creation of subdistrict; change in subdistrict boundaries; procedure 553.320Engineering plan; notice of completion; inspection; hearing; changes in plan; approval; rejection upon objections of landowners 553.330Assessment for cost of works 553.340Determination of benefits; board of appraisers; exception 553.350Assessment of benefits and damages by appraisers; benefits less than costs; recommendation to amend engineering plan; final report and certificate 553.360Hearing on report of appraisers; exceptions; entry of order; appeal 553.370Reappraisal after construction of works; when authorized 553.380Reduction of benefits 553.510Special assessments 553.520Apportioning assessments; adjustment of benefits 553.530Disposition of funds received 553.535Collection of charges and assessments by resolution of board 553.540Assessments to be levied by order of board; filing copy thereof; notice; lien; time for payment; interest 553.550Loans; assignment of assessments as security for 553.560Foreclosure of assessment; procedure; district may bid and purchase; deed; right of redemption 553.570Withdrawal of land from foreclosure sale; payment of lien, taxes and proportion of costs 553.580Payment of state and county taxes by district 553.585Claims; presentation; payment 553.590[Renumbered 553.585] 553.592[1965 c.623 §42; repealed by 1991 c.459 §431c] 553.595[1965 c.623 §43; repealed by 1991 c.459 §431c] 553.600[1965 c.623 §44; repealed by 1991 c.459 §431c] 553.610Assessments or taxes upon bond issue 553.615Assessments by order of board 553.620Ad valorem tax in lieu of assessment 553.623Filing boundary change with county assessor and Department of Revenue 553.625Levy and collection of tax authorized by ORS 553.620 553.630Terms and conditions of bonds; bond register 553.635Contract provisions for payment of government construction charges 553.640Sale of bonds; cancellation 553.643Bond given for federal loan; form; terms 553.645Payment from annual taxes and assessments of bond-related amounts due government 553.650Property liable for indebtedness of district 553.655Bond elections in subdistricts 553.660Tax or assessment as lien on property 553.665Bond Fund; Bond and United States Contract Fund; Construction Fund; General Fund 553.670Process for issuance of bonds 553.710Intergovernmental agreements; levy of tax to meet obligations 553.720Manner of collecting tax; budget; equalizing levy 553.730Limitation on tax levy 553.740Issuance of warrants 553.750Loan contracts with state or federal agencies; obligation of district; recording certificates 553.760When land benefited by irrigation project 553.810[Repealed by 1969 c.691 §13] 553.815Judicial review of tax or assessment 553.820[Repealed by 1969 c.691 §13] 553.850Dissolution upon majority vote 553.855[1965 c.623 §29; repealed by 1971 c.727 §203] 553.860[1965 c.623 §30; repealed by 1971 c.727 §203] 553.865[1965 c.623 §31; repealed by 1971 c.647 §149] 553.870[1965 c.623 §32; repealed by 1971 c.727 §203] 553.875[1965 c.623 §33; repealed by 1971 c.727 §203] 553.880[1965 c.623 §34; repealed by 1971 c.727 §203] 553.885[1965 c.623 §§35,36; repealed by 1971 c.727 §203] 553.890[1965 c.623 §37; repealed by 1971 c.727 §203] 553.895[1965 c.623 §38; repealed by 1971 c.727 §203] 553.900[1965 c.623 §39; repealed by 1971 c.727 §203] 553.905[1965 c.623 §40; repealed by 1971 c.727 §203] 553.910[1965 c.623 §41; repealed by 1971 c.727 §203]

Chapter 553 — Water Control Districts

ORS 553.550 Loans; assignment of assessments as security for

A district may borrow money and secure repayment of the same by the assignment of any assessments theretofore levied. Whenever a levied assessment is assigned to secure the repayment of any sum of money borrowed, the assessment shall be paid to the assignee thereof or the agent of the assignee.

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Version history

Prior statutory text is not available in the ingested published editions. Consult an earlier official ORS edition or the cited Oregon Laws chapter.