2013 Oregon Revised Statutes
Volume : 13 - Water Resources, Agriculture and Food
Chapter 541 - Water Distributors; Water Releases; Conservation and Storage; Water Development Projects; Watershed Management and Enhancement
Section 541.765 - Authorization for loans for certain federal projects.

In addition to those uses of moneys in the Water Development Fund otherwise provided in ORS 541.700 to 541.855 or section 25, chapter 907, Oregon Laws 2009, the Water Resources Commission may authorize loans of such moneys to those persons to whom approval has been granted by the federal government or any agency or instrumentality of the United States for the funding and construction of federal water development projects. Any such person shall apply for a loan to the commission, in such form as the commission prescribes, and shall furnish such proof of federal approval for funding and construction as the commission considers appropriate. [1977 c.246 §16; 1985 c.673 §121; 1991 c.944 §8; 1999 c.212 §5; 2009 c.907 §9]

Note: The amendments to 541.765 by section 38, chapter 907, Oregon Laws 2009, become operative July 1, 2015. See section 46, chapter 907, Oregon Laws 2009, as amended by section 31, chapter 784, Oregon Laws 2013. The text that is operative on and after July 1, 2015, is set forth for the user's convenience.
In addition to those uses of moneys in the Water Development Fund otherwise provided in ORS 541.700 to 541.855, the Water Resources Commission may authorize loans of such moneys to those persons to whom approval has been granted by the federal government or any agency or instrumentality of the United States for the funding and construction of federal water development projects. Any such person shall apply for a loan to the commission, in such form as the commission prescribes, and shall furnish such proof of federal approval for funding and construction as the commission considers appropriate.