ORS 407.075: Purpose; legislative intent.
Edition: 2025 EditionEffective: 2026-01-01Last verified: 2026-09-07
(1) The provisions of this chapter are intended to carry out the purposes of Article XI-A of the Oregon Constitution. The Legislative Assembly recognizes that its authority to define the scope and purpose of this chapter is limited by the purposes expressed in Article XI-A. (2) The primary purpose of this chapter is to provide loan funds to qualifying Oregon veterans for the acquisition of farms and homes. The Legislative Assembly does not intend, by any past or present enactment, to establish as a principal purpose of this chapter the providing of subsidized energy financing. [1983 c.445 §9; 2019 c.223 §1]
Official history and status
History: Note: 407.075 was enacted into law by the Legislative Assembly but was not added to or made a part of ORS chapter 407 or any series therein by legislative action. See Preface to Oregon Revised Statutes for further explanation.
Administrative rules citing this section
- OAR 274-020-0200: Definitions for OAR 274-020-0200–274-020-0450 — implements
- OAR 274-020-0280: Number of Applications Permitted — implements
- OAR 274-020-0325: Security for the Loan — implements
- OAR 274-020-0341: Interest Rates for Loans — implements
- OAR 274-020-0348: Grounds for Refusing to Make a Loan — implements
- OAR 274-020-0355: Escrow Closing of Loans — implements
- OAR 274-020-0360: Disbursement of Loan Funds — implements
- OAR 274-020-0388: Property Tax Amortization and Escrow Accounting — implements
- OAR 274-020-0440: Fees — implements
- OAR 274-021-0005: Foreclosed and Deeded Property — implements
- OAR 274-025-0010: Purpose and Objectives — implements
- OAR 274-045-0001: Definitions for OAR 274-045-0001 to 274-045-0481 — implements
- OAR 274-045-0040: Security for the Loan — implements
- OAR 274-045-0060: Terms of Loan — implements
- OAR 274-045-0070: Interest — implements
- OAR 274-045-0080: Approval of the Loan — implements
- OAR 274-045-0150: Property Tax Amortization and Escrow Accounting — implements
- OAR 274-045-0220: Fees — implements
- OAR 274-045-0230: Approved Lenders — implements
- OAR 274-045-0240: Loan Requirements — implements
- OAR 274-045-0250: Reservation of Funds and Commitments — implements
- OAR 274-045-0471: Taxes, Hazard Insurance and Flood Insurance — implements
This rule cites
No citations extracted.
Cited by
Official source: https://www.oregonlegislature.gov/bills_laws/ors/ors407.html