“Financial Institution” means any commercial bank, mutual savings bank, savings and loan association, insurance company, investment bank or NASD securities underwriter licensed or authorized to do business in the State of Oregon.
“In-state Plant Relocation” means the relocation of an Applicant’s plant from one labor market area, as defined by the Oregon Employment Department, in Oregon to a different labor market area in Oregon.
“Nonprofit Entity” means and institution, organization, or other entity exempt from taxation under section 501(c)(3) of the Internal Revenue Code of 1986, as amended and in effect as of July 1, 2011.
“Oregon Express Bond Program” means a department program that involves a method of sale for a single client purchase that includes, but is not limited to, direct placement of bonds with a bank. Such a purchase does not require the use of placement agents, underwriters, marketing agents or letters of credit. To utilize this program, use of a standardized departmental bond process is required.
“Treasurer” means the Treasurer of the State of Oregon or the Treasurer’s designee.