Or. Rev. Stat. § 285B.209
Fees and terms for loan and credit guarantees
Oregon · Oregon Revised Statutes Chapter 285B — Economic Development II · Status: effective
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- Or. Rev. Stat. § 285B.209, Fees and terms for loan and credit guarantees, Oregon, version 1 as recorded 2026-10-04, yourstate.us, https://yourstate.us/provision/2491257
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Full text
(1) When making loan or credit guarantees under the program established under ORS 285B.200 to 285B.218, 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.