Or. Admin. R. 123-018-0000 - Purpose and Scope

(1) The purpose of this division of administrative rules is to provide definitions, procedures, standards and criteria, to establish eligibility, and to stipulate rights and obligations for operation of the Capital Access Program.

(2) The Capital Access Program assists small businesses needing financial capital to grow and to undertake economic activity in this state by subsidizing loss reserves so that conventional lending institutions have greater capacity to satisfy this need.

Notes

Or. Admin. R. 123-018-0000

EDD 27-1990(Temp), f. & cert. ef. 10-16-90; EDD 3-1991, f. & cert. ef. 4-17-91; EDD 15-1991(Temp), f. & cert. ef. 10-31-91; EDD 11-1992, f. & cert. ef. 8-18-92; EDD 8-2005, f. & cert. ef. 10-24-05; OBDD 19-2019, minor correction filed 12/16/2019, effective 12/16/2019

Statutory/Other Authority: ORS 183.310 - 183.540 & ORS 285B.109-285B119

Statutes/Other Implemented: ORS 285B.109-285B119