Disadvantaged and Emerging Small Business Loan Fund.

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(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]

Note: See note under 285B.764.


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