2017 ORS 470.630¹
Form of disbursement
  • conditions for issuance

(1) The State Department of Energy may disburse energy efficiency and sustainable technology loan and small scale local energy program loan moneys by providing the loan moneys through a sustainable energy project manager or providing the loan moneys to or through an entity described in ORS 470.060 (Application for financing). Loan moneys may be disbursed through a sustainable energy project manager only for the purpose of enabling the sustainable energy project manager to issue energy efficiency and sustainable technology loans and small scale local energy program loans to applicants in the utility service territory served by the sustainable energy project manager.

(2) The sustainable energy project manager may issue a loan from moneys disbursed under this section only if adequate security exists to ensure repayment of the loan. An energy efficiency and sustainable technology loan from a sustainable energy project manager to an applicant located in the utility service territory served by the sustainable energy project manager must have the features described in ORS 470.150 (Loan contract) and 470.645 (Application for loan) and is subject to the requirements and processes imposed under ORS 470.500 (Goals) to 470.710 (Apprenticeship and job training) for energy efficiency and sustainable technology loans issued by the Director of the State Department of Energy. A sustainable energy project manager that issues an energy efficiency and sustainable technology loan to support a small scale local energy project may record a fixture filing and lien on the property that benefits from the small scale local energy project as provided in ORS 470.680 (State Department of Energy to identify forms of acceptable security) or 470.685 (Recording liens). [2009 c.753 §26; 2013 c.8 §9]

Chapter 470

Notes of Decisions

There is nothing in this chapter which requires the Depart­ment of Energy or its director to recover loans or withhold future loan install­ments for the purpose of compelling compliance by the borrower with the wage and employ­ment condi­tions of state law. State ex rel Building Council v. Bureau of Labor, 61 Or App 22, 656 P2d 325 (1982), Sup Ct review denied

1 Legislative Counsel Committee, CHAPTER 470—Small Scale Local Energy Projects, https://­www.­oregonlegislature.­gov/­bills_laws/­ors/­ors470.­html (2017) (last ac­cessed Mar. 30, 2018).
 
2 Legislative Counsel Committee, Annotations to the Oregon Revised Stat­utes, Cumulative Supplement - 2017, Chapter 470, https://­www.­oregonlegislature.­gov/­bills_laws/­ors/­ano470.­html (2017) (last ac­cessed Mar. 30, 2018).
 
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.