Oregon Statutes 470.190 – Remedies
If an applicant fails to comply with a contract entered into with the Director of the State Department of Energy for development and repayment as provided in ORS § 470.150 or 470.645, the director, in addition to remedies provided in ORS § 470.170 and 470.180, may seek other appropriate legal remedies to secure the loan and may contract as provided in ORS § 470.150 with any other person for continuance of development and for repayment of moneys from the Small Scale Local Energy Project Loan Fund or from the Energy Project Bond Loan Fund used therefor and interest thereon. [1979 c.672 § 11; 2003 c.186 § 67; 2009 c.753 § 67]
Terms Used In Oregon Statutes 470.190
- Applicant: means an applicant for a loan to construct a small scale local energy project. See Oregon Statutes 470.050
- Continuance: Putting off of a hearing ot trial until a later time.
- Contract: A legal written agreement that becomes binding when signed.
- Director: means the Director of the State Department of Energy appointed under ORS § 469. See Oregon Statutes 470.050
- Energy Project Bond Loan Fund: means the fund established under ORS § 470. See Oregon Statutes 470.050
- Loan: includes the purchase or other acquisition of evidence of indebtedness and money used for the purchase or other acquisition of evidence of indebtedness. See Oregon Statutes 470.050
- Person: includes individuals, corporations, associations, firms, partnerships, limited liability companies and joint stock companies. See Oregon Statutes 174.100
- Small scale local energy project: means any of the following:
(a) A system, mechanism or series of mechanisms located primarily in Oregon that directly or indirectly uses or enables the use of, by the applicant or another person, renewable resources including, but not limited to, solar, wind, geothermal, biomass, waste heat or water resources to produce energy, including heat, electricity and substitute fuels, to meet a local community or regional energy need in this state. See Oregon Statutes 470.050