OAR 629-022-0150
Loan Program Contract


A Landowner receiving Project approval for Trust funding under the loan program must execute a Loan Program Contract with the State Forester.


The Loan Program Contract must include:


An approved Project plan;


Financial agreements for repayment of Trust funds under OAR 629-022-0300 (Repaying Trust Funds) through 629-022-0410 (Remedies for Breach of Loan Program Contract); and


A security instrument, if required by the State Forester, described in OAR 629-022-0160 (Loan Program Security Instrument).


No work may begin on the Practices described in the Project plan that are subject to Direct Cost Payments by the Trust until the contract is signed by all parties.

Source: Rule 629-022-0150 — Loan Program Contract, https://secure.­sos.­state.­or.­us/oard/view.­action?ruleNumber=629-022-0150.

Last Updated

Jun. 8, 2021

Rule 629-022-0150’s source at or​.us