The director may not issue a loan to provide assistance for 'on-going' operation or maintenance costs of a water development project. A loan may not be used to pay any capital costs incurred prior to execution of the loan document without prior approval of the director.
Or. Admin. Code § 690-095-0025
Stat. Auth: ORS 536.027 & 541.646
Stats. Implemented: ORS 541-600 - 541.646