2021 Oregon Revised Statutes
Chapter 370 - County Road Bonding Act
Section 370.240 - Warrants in lieu of bonds.


(2) These warrants shall be in denominations of $50, or multiples thereof up to $1,000, and shall bear the same rate of interest as the bonds would bear in lieu of which the warrants are issued.
(3) No such warrants shall become due at any specified time, but shall be redeemable by the county at any time in the same manner as other county warrants are redeemed or paid. [Amended by 1983 c.350 ยง237]