2017 ORS 284.801¹
Eastern Oregon Border Economic Development Board Fund

(1) The Eastern Oregon Border Economic Development Board Fund is established in the State Treasury, separate and distinct from the General Fund. Interest earned by the Eastern Oregon Border Economic Development Board Fund shall be credited to the fund.

(2) Moneys in the fund are continuously appropriated to the Oregon Business Development Department for the use of the Eastern Oregon Border Economic Development Board for the purposes set forth in ORS 284.771 (Definitions) to 284.801 (Eastern Oregon Border Economic Development Board Fund), including but not limited to administrative costs of the department incurred in processing grant or loan applications, investigating the eligibility of applicants and servicing outstanding grants and loans, not to exceed an annual amount greater than the total revenues received in that year from applicant fees assessed and charged by the department under ORS 284.791 (Grants and loans to expand development authorized), plus four percent of the total asset value of the fund.

(3) Moneys in the Eastern Oregon Border Economic Development Board Fund consist of:

(a) Applicant fees for grants or loans assessed, charged and paid pursuant to ORS 284.791 (Grants and loans to expand development authorized);

(b) Moneys received as repayment of principal and interest on loans made from the fund under ORS 284.771 (Definitions) to 284.801 (Eastern Oregon Border Economic Development Board Fund);

(c) Amounts appropriated or otherwise transferred to the fund by the Legislative Assembly;

(d) Amounts donated to the fund;

(e) Moneys transferred to the fund from the federal government, state agencies or local governments;

(f) Lottery bond proceeds approved by the Legislative Assembly for deposit in the fund;

(g) Earnings received on moneys in the fund; and

(h) Other amounts deposited in the fund from any source.

(4) All repayments of grants or loans, interest and other receipts from outstanding indebtedness or any other sources shall be retained and accumulated in the fund and shall be used for the purposes set forth in ORS 284.771 (Definitions) to 284.801 (Eastern Oregon Border Economic Development Board Fund). [2017 c.703 §8]

1 Legislative Counsel Committee, CHAPTER 284—Organizations for Economic Development, https://­www.­oregonlegislature.­gov/­bills_laws/­ors/­ors284.­html (2017) (last ac­cessed Mar. 30, 2018).
 
2 OregonLaws.org contains the con­tents of Volume 21 of the ORS, inserted along­side the per­tin­ent statutes. See the preface to the ORS An­no­ta­tions for more information.
 
3 OregonLaws.org assembles these lists by analyzing references between Sections. Each listed item refers back to the current Section in its own text. The result reveals relationships in the code that may not have otherwise been apparent.