2017 ORS 285B.080¹
Director as agent
  • duties
  • authority to approve loans

(1) The Oregon Business Development Commission may appoint the Director of the Oregon Business Development Department as the commission’s representative and agent in all matters pertaining to ORS 285B.050 (Definitions for ORS 285B.050 to 285B.098) to 285B.098 (Status of loan to county or municipality).

(2) The director shall ensure that all provisions of ORS 285B.050 (Definitions for ORS 285B.050 to 285B.098) to 285B.098 (Status of loan to county or municipality) are complied with and that appropriately trained personnel are employed to properly administer the fiscal and other portions of ORS 285B.050 (Definitions for ORS 285B.050 to 285B.098) to 285B.098 (Status of loan to county or municipality).

(3) The director shall have the authority in the director’s sole discretion to approve loans for business development projects in the amount of $250,000 or less and to disburse funds for such projects. [Formerly 285.433; 2009 c.830 §56; 2010 c.106 §§2,6; 2011 c.558 §3]

1 Legislative Counsel Committee, CHAPTER 285B—Economic Development Ii, https://­www.­oregonlegislature.­gov/­bills_laws/­ors/­ors285B.­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.