Or. Admin. Code § 123-039-0090 - Loan Forgiveness
(1) If the
Department is satisfied with the documentation provided under OAR
123-039-0100(3), 100 percent of the amount of the loan shall be
forgiven.
(2) If the Department
determines that water was used impermissibly within the terms of OAR
123-039-0100(3), the Department may require repayment of the loan in an amount
proportional to the percentage of the water that was used impermissibly, with
interest at a rate not to exceed five percent.
Notes
Statutory/Other Authority: ORS 285A.075
Statutes/Other Implemented: OR Laws 2023, Chapter 606
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