OAR 690-093-0170: Loan Interest Rates and Terms

Edition: Current OARD snapshotEffective: 2015-07-02Last verified: 2026-09-07

(1) Interest on loans shall be at reasonable rates as determined by the Commission. (2) Loan repayment terms shall be for no more than 50 years and shall not exceed the estimated lifespan of the project.

Official history and status

Statutory/Other Authority: ORS 541.651 - 541.696

Statutes/Other Implemented: ORS 541.651 - 541.696

History: WRD 6-2015, f. & cert. ef. 7-2-15

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