Oregon Statutes - Chapter 285A - Economic Development I - Section 285A.200 - Gifts; federal aid; fees for loans.

(1) The Economic and Community Development Department may accept gifts of money or other property from any public or private agency or person made for the purpose of assisting the department to carry out any programs or laws that the department is charged with administering. Moneys so received shall be paid into an appropriate fund or account. Property so received shall be used for the purposes for which that property is given.

(2) The department may apply for, receive from the United States or any of its agencies, and disburse or supervise the disbursement of federal aid for the purposes for which the aid is provided. The department may also disburse or supervise the disbursement of funds provided by the State of Oregon for expenditure as a condition of receiving the federal aid.

(3) The department may assess and charge fees for loans made from any of its funds or accounts. [Formerly 285.086; 2001 c.883 §4]

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Last modified: August 7, 2008