Oregon Code § ORS 370.160

Option to issue redeemable term or serial bonds
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In its discretion, the county court further may issue either term bonds or the serial bonds mentioned in ORS 370.150 with the option of redeeming them on and after certain interest-paying dates specified by the county court in the bonds. [Amended by 1997 c.171 19; 2007 c.783 176]

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