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Current as of January 01, 2023 | Updated by Findlaw Staff
To achieve the energy efficiency and sustainable technology loan program goals described in ORS 470.500, the Director of the State Department of Energy may enter into agreements to disburse supplemental capital funds through the Small Scale Local Energy Project Loan Fund and the Energy Project Supplemental Fund if:
(1) The director estimates that interest rates and total costs to program applicants that would result from the use of the supplemental capital funds are lower than would result from the use of bond proceeds; and
(2) The supplemental capital funds are made subject to any requirements adopted by the director by rule to ensure adequate protection of project moneys.
Cite this article: FindLaw.com - Oregon Revised Statutes Public Health and Safety § 470.600 - last updated January 01, 2023 | https://codes.findlaw.com/or/title-36-public-health-and-safety/or-rev-st-sect-470-600/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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