OAR 813-040-0015: Eligibility for the Seed Money Advance

Edition: Current OARD snapshotEffective: 2006-10-03Last verified: 2026-09-07

The prospective Nonprofit Borrower or other Borrower will demonstrate the need of a Seed Money Advance to pay Predevelopment Costs as set forth in the Proposal and will satisfy the standards of the Department for financial responsibility and stability.

Official history and status

Statutory/Other Authority: ORS 90.800 - 90.840, 91.886, 183, 456.515 - 456.723 & 458.210 - 458.650

Statutes/Other Implemented: ORS 456.550, 456.559, 456.574 & 456.710

History: OHCS 18-2006, f. & cert. ef. 10-3-06 OHCS 6-2006(Temp), f. & cert. ef. 4-13-06 thru 10-9-06 HSG 8-1991, f. & cert. ef. 12-23-91 HSG 2-1991(Temp), f. & cert. ef. 8-7-91 HSG 12-1989, f. & cert. ef. 11-3-89 HSG 3-1989(Temp), f. & cert. ef. 6-8-89 HSG 8-1987, f. & ef. 3-10-87 1HD 15-1984, f. & ef. 9-4-84 1HD 5-1982, f. & ef. 6-28-82 1HD 10-1981(Temp), f. & ef. 8-27-81

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