2015 ORS 285B.209¹
Fees and terms for loan and credit guarantees

(1) When making loan or credit guarantees under the program established under ORS 285B.200 (Definitions for ORS 285B.200 to 285B.218) to 285B.218 (Pledge to assure repayment), the Oregon Business Development Department shall establish fees and other terms for loan or credit guarantees that are calculated to reasonably assure that businesses with access to other forms of private capital will find it economical not to participate in the program.

(2) The department, with due regard for the possibility of losses and administrative costs, shall set fees and other terms at levels sufficient to reasonably assure that the program is self-financing. [Formerly 285.476; 2007 c.804 §59; 2009 c.830 §73]

Note: See note under 285B.200 (Definitions for ORS 285B.200 to 285B.218).


1 Legislative Counsel Committee, CHAPTER 285B—Economic Development II, https://­www.­oregonlegislature.­gov/­bills_laws/­ors/­ors285B.­html (2015) (last ac­cessed Jul. 16, 2016).
 
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.