OAR 741-020-0010: Purpose

Edition: Current OARD snapshotEffective: 2004-05-20Last verified: 2026-09-07

Chapter 741, Oregon Laws 2003 created the Industrial Rail Spur Fund, allowing for the issuance of lottery bonds to for the purpose of financing grants and loans to fund industrial rail spurs. The purpose of division 20 rules is to establish the Industrial Spur Track Program for the distribution of the funds as well as procedures, standards and criteria for its operation.

Official history and status

Statutory/Other Authority: ORS 184.616, 184.619 & 823.011

Statutes/Other Implemented: ORS 367.070 & Sec. 10 & Ch. 741 OL 2003

History: RD 3-2004, f. & cert. ef. 5-20-04

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