Oregon Administrative Rules
Chapter 123 - OREGON BUSINESS DEVELOPMENT DEPARTMENT
Division 52 - BEGINNING AND EXPANDING FARMER LOAN PROGRAM ("AGGIE BONDS")
Section 123-052-2000 - Fees and Costs

Universal Citation: OR Admin Rules 123-052-2000

Current through Register Vol. 63, No. 9, September 1, 2024

(1) The Applicant shall pay the Department the nonrefundable $250 application fee.

(2) At closing, the Department may require the Borrower to pay the following costs or fees:

(a) A bond closing fee of 1.5% of the total Aggie bonds issued for the project, with a minimum of $1,500, payable to the Department.

(b) Out of pocket costs or fees of the State, including but not limited to any indirect costs charged to the Department or Treasurer by Oregon Department of Justice for complex transactions.

(c) State Treasurer's costs or fees related to the review, approval and processing of each Aggie Bond issuance request and issuance.

Stat. Auth.: ORS 285A.420 - 285A.435, ch. 742 OL 2013

Stats. Implemented: ORS 285A.420.420 - 285A.435, ch. 742 OL 2013

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