Section 294.750 - Experience and liability of successor political subdivisions; unpaid assessment.

OR Rev Stat § 294.750 (2019) (N/A)
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(2) Notwithstanding subsection (1) of this section, all units of government who are parties to an agreement to form a political subdivision shall be liable for any unpaid assessments of that political subdivision and for such amounts as necessary to maintain the account balance of the political subdivision, if no longer in existence, at zero dollars. [1977 c.491 §9]