OAR 340-180-0040
Application for Underground Storage Tank Loan Guarantee Certificate

(1)

Any person wishing to apply for a loan guarantee certificate for an underground storage tank loan shall submit a written application on a form provided by the Department. Applications shall be submitted within 180 days after completion of the UST tightness testing and/or soil assessment. All applications must be complete.

(2)

Applications which are unsigned or which do not contain the required exhibits (clearly identified) will not be accepted by the Department and will be promptly returned to the applicant for completion. The application will not be considered complete until the requested information is received. The application will be considered to be withdrawn if the applicant fails to submit the requested information within 180 days of the request.

(3)

Applications which are complete will be accepted by the Department for processing.

(4)

Within 30 days after the application is determined complete, the Department will:

(a)

Assign a priority category; and

(b)

Establish a loan guarantee amount.

(5)

If, upon review of an application, the Department determines that the loan guarantee application does not meet the requirements of the statutes and rules, the Department shall notify the applicant in writing of this determination. Such notification shall constitute final action by the Department on this application.

Source: Rule 340-180-0040 — Application for Underground Storage Tank Loan Guarantee Certificate, https://secure.­sos.­state.­or.­us/oard/view.­action?ruleNumber=340-180-0040 (accessed May 26, 2025).

May 26, 2025

Rule 340-180-0040's source at or​.us