Or. Admin. Code § 629-022-0320 - Interest Rate

(1) The rate is 4.0 percent, simple interest.
(2) The interest rate must be fixed when the Loan Program Contract is executed and may not change during the life of the contract.

Notes

Or. Admin. Code § 629-022-0320
FB 4-1994, f. & cert. ef. 8-3-94; DOF 4-2006(Temp), f. & cert. ef. 5-2-06 thru 10-28-06; Administrative correction, 11-16-06; DOF 2-2007, f. 1-10-07 cert. ef. 1-11-07; DOF 1-2009, f. 1-12-09, cert. ef 2-1-09

Stat. Auth.: ORS 526.700 - 526.730 & 526.745

Stats. Implemented:ORS 526.700 - 526.775

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