The Oregon Business Retention and Expansion Program Fund is established in the State Treasury, separate and distinct from the General Fund. The Oregon Business Retention and Expansion Program Fund consists of amounts deposited in the fund as required by section 9, chapter 549, Oregon Laws 2011, and other moneys transferred to the fund. Amounts in the fund are continuously appropriated to the Oregon Business Development Department for the purposes of making the loans provided by the agreements entered into under ORS § 285B.615 and paying the costs and expenses of the Oregon Business Development Department in connection with the implementation and administration of ORS § 285B.600 to 285B.620. [2011 c.549 § 8]

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Terms Used In Oregon Statutes 285B.620

  • State Treasury: includes those financial assets the lawful custody of which are vested in the State Treasurer and the office of the State Treasurer relating to the custody of those financial assets. See Oregon Statutes 174.100

 

See note under 285B.600.