Chapter 285A — Economic Development I
ORS 285A.690 Powers to enforce loan agreement
The Oregon Business Development Department may institute proceedings to foreclose any lien for delinquent loan payments.
If a port district fails to comply with a contract entered into pursuant to ORS 285A.681, the department may seek appropriate legal remedies to secure the loan, and may contract with any port project developer for continuation of the project and for repayment of moneys from the Oregon Port Revolving Fund used therefor and interest thereon.
The department may also provide by contract or otherwise for a project until the project is assumed by the new port project developer.
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2025 Oregon Revised Statutes — official online source
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Prior statutory text is not available in the ingested published editions. Consult an earlier official ORS edition or the cited Oregon Laws chapter.
2025 Oregon Revised Statutes — official online source · active · operative text
Official source