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Current as of January 01, 2023 | Updated by Findlaw Staff
If the State Fire Marshal approves an application for a fire protection equipment acquisition loan, the State Fire Marshal, on behalf of the state, and the applicant may enter into a loan agreement. The agreement shall set forth among other matters:
(1) The amount and purpose of the loan.
(2) A plan for repayment by the applicant to the Fire Protection Equipment Loan Fund of moneys borrowed, upon such terms and conditions as the State Fire Marshal considers appropriate.
(3) That the liability of the state under the contract is contingent upon the availability of moneys in the Fire Protection Equipment Loan Fund.
(4) Such further provisions as the State Fire Marshal determines appropriate to insure expenditure of moneys borrowed for the purposes set forth in the approved application.
Cite this article: FindLaw.com - Oregon Revised Statutes Protection from Fire § 476.910 - last updated January 01, 2023 | https://codes.findlaw.com/or/title-38-protection-from-fire/or-rev-st-sect-476-910/
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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