OAR 813-060-0047: Commitment Fee

Edition: Current OARD snapshotEffective: 2007-01-11Last verified: 2026-09-07

(1) The Department shall charge a nonrefundable Commitment fee up to two percent of the loan amount. (2) The Eligible Borrower shall include the fee with the Sponsor’s Eligible Borrower’s signed acceptance of the Commitment returned to the Department. (3) The Department may charge other fees or charges, as needed, to cover the costs and reduce the financial risk to the Department of issuing Bonds.

Official history and status

Statutory/Other Authority: ORS 456.555

Statutes/Other Implemented: ORS 456.555 & 456.625

History: OHCS 5-2007, f. & cert. ef. 1-11-07 HSG 6-1996, f. & cert. ef. 6-14-96 Reverted to HSG 8-1991, f. & cert. ef. 12-23-91 HSG 4-1993(Temp), f. & cert. ef. 10-1-93 HSG 8-1991, f. & cert. ef. 12-23-91 HSG 2-1991(Temp), f. & cert. ef. 8-7-91 HSG 15-1989, f. & cert. ef. 11-3-89 HSG 3-1989(Temp), f. & cert. ef. 6-8-89 HSG 10-1987, f. & ef. 3-10-87 HSG 4-1987(Temp), f. & ef. 2-5-87 1HD 13-1984, f. & ef. 9-4-84

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