Oregon Statutes 478.860 – Standards for eligibility for loans for fire safety systems
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(1) The governing body of a city or district shall adopt standards to determine the eligibility of borrowers to borrow money from the loan fund established under ORS § 478.855 for the purpose of acquiring and installing a fire safety system in a privately owned structure owned by the borrower.
Terms Used In Oregon Statutes 478.860
- City: includes any incorporated village or town. See Oregon Statutes 174.100
- District: means a rural fire protection district proposed to be organized or organized under, or subject to, this chapter. See Oregon Statutes 478.001
(2) The governing body of a city or district shall also adopt a list of fire safety systems that may be financed with loans made under ORS § 478.845 to 478.875. [1995 c.725 § 3]
See note under 478.840.