Oregon Administrative Rules
Chapter 629 - DEPARTMENT OF FORESTRY
Division 22 - FOREST RESOURCE TRUST
Section 629-022-0150 - The Trust Contract
Universal Citation: OR Admin Rules 629-022-0150
Current through Register Vol. 63, No. 9, September 1, 2024
(1) A Landowner receiving Project approval for Trust funding under the loan program must execute a Loan Program Contract with the State Forester.
(2) The Loan Program Contract must include:
(a) An approved Project plan;
(b) Financial agreements for repayment of
Trust funds under OAR
629-022-0300 through
629-022-0410;
and
(c) A security instrument, if
required by the State Forester, described in OAR
629-022-0160.
(3) No work may begin on the Practices described in the Project plan that are subject to Direct Cost Payments by the Trust until the contract is signed by all parties.
Stat. Auth.: ORS 526.700 - 526.730 & 526.745
Stats. Implemented: ORS 526.695 - 526.775
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