OAR 629-022-0410
Remedies for Breach of Loan Program Contract

Remedies for Breach of Loan Program Contract

(1)

The Landowner must pay liquidated damages for a breach of contract by repaying all Trust funds, with interest as calculated in OAR 629-022-0300 (Repaying Trust Funds)(2).

(2)

At any time Forest Products are harvested in breach of contract, the Landowner must pay liquidated damages in the form of a breach penalty.

(3)

In addition to any other right as provided by law, the State Forester may assign a liquidated and delinquent account, as defined by the Oregon Accounting Manual, to the Department of Revenue or to a private collection agency.

(4)

The breach penalty in section (2) of this rule may include a reasonable administrative fee to recover the cost of collection services and other related costs, as described in ORS 293.231 (Collection of liquidated and delinquent accounts by Department of Revenue or private collection agency) through 293.250 (Collections Unit).

Source: Rule 629-022-0410 — Remedies for Breach of Loan Program Contract, https://secure.sos.state.or.us/oard/view.action?ruleNumber=629-022-0410.

629‑022‑0030
Purpose and Trust Responsibilities 629‑022‑0035
Applicability 629‑022‑0040
Definitions 629‑022‑0050
Project Criteria 629‑022‑0060
Donations to the Trust Fund 629‑022‑0070
Carbon Offsets 629‑022‑0080
State Forester Exceptions to these Rules 629‑022‑0110
Trust Funds — Eligibility 629‑022‑0120
Applying for Trust Funds 629‑022‑0130
Loan Program — Project Plan 629‑022‑0140
Approval of a Proposed Project 629‑022‑0150
Loan Program Contract 629‑022‑0160
Loan Program Security Instrument 629‑022‑0200
Implementing the Project Plan 629‑022‑0210
Landowner Obligations 629‑022‑0220
Project Rates and Costs 629‑022‑0230
Resource Management Professional Fees 629‑022‑0250
Life of the Contract 629‑022‑0300
Repaying Trust Funds 629‑022‑0320
Interest Rate 629‑022‑0380
Catastrophe 629‑022‑0390
Adequately Stocked Forest Stand 629‑022‑0400
Trust Administration — Landowner Breach of Loan Program Contract 629‑022‑0410
Remedies for Breach of Loan Program Contract 629‑022‑0800
Cost-Share Program — Scope 629‑022‑0810
Cost-Share Program Approval 629‑022‑0820
Cost-Share Program Plan and Landowner Obligations 629‑022‑0830
Cost-Share Program Payment Procedures 629‑022‑0840
Breach of Cost-Share Program Practice Plan 629‑022‑0850
Cost-Share Program: Special Circumstances

Last Updated

Jun. 8, 2021

Rule 629-022-0410’s source at or.us

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Location: https://oregon.public.law/rules/oar_629-022-0410

Original Source: Rule 629-022-0410 — Remedies for Breach of Loan Program Contract, https://secure.sos.state.or.us/oard/view.action?ruleNumber=629-022-0410 (last accessed Jun. 8, 2021).