OAR 123-300-1601: Disposition of Funds Withdrawn from Loan Loss Reserve Accounts

Edition: Current OARD snapshotEffective: 2023-06-13Last verified: 2026-09-07

All funds returned to the Department from lenders, or not disbursed as Program Awards by the Department by June 30, 2023, will be remitted to the State General Fund.

Official history and status

Statutory/Other Authority: ORS 285A.075 & ORS 285B.780 - ORS 285B.799

Statutes/Other Implemented: ORS 285B.780 - ORS 285B.799 & ORS 706.008

History: OBDD 9-2023, adopt filed 06/13/2023, effective 06/13/2023

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Official source: https://secure.sos.state.or.us/oard/