Oregon Statutes 285B.774 – Disadvantaged and Emerging Small Business Loan Fund
(1) There is established in the State Treasury, separate and distinct from the General Fund, the Disadvantaged and Emerging Small Business Loan Fund. All moneys in the fund are continuously appropriated to the Oregon Business Development Department for the purposes of:
Terms Used In Oregon Statutes 285B.774
- 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
(a) Paying the actual costs of the department in administering the loan program developed and implemented under ORS § 285B.764 to 285B.775; and
(b) Making loans under the loan program developed and implemented under ORS § 285B.764 to 285B.775.
(2) The Disadvantaged and Emerging Small Business Loan Fund shall consist of:
(a) Moneys appropriated or otherwise allocated or transferred to the fund by the Legislative Assembly;
(b) Interest earned on moneys in the fund;
(c) Moneys received as repayment of principal and interest on loans made from the fund under ORS § 285B.764 to 285B.775; and
(d) Moneys or property of any kind received by the department for deposit in the fund from any source. [2021 c.676 § 14]
See note under 285B.764.