Or. Admin. Code § 141-060-0015

Current through Register Vol. 63, No. 10, October 1, 2024

Section 141-060-0015 - Uses of the Fund

As outlined in the 1975 Use Agreement between the state and the federal government, assets of the Fund may be used for one or more of the following farm-related purposes:

(1) Loans to farmers made for acquisition or development of farms or for refinancing farm real estate debts;

(2) Loans to farmers for farm operating expenses;

(3) Loans or grants to farmers for flood prevention or restoration projects;

(4) Loans or grants for farm labor housing and related facilities;

(5) Loans or grants for educational expenses for farmers, members of their families, or farm laborers; and

(6) Loans or grants for farming-oriented projects carried out by youth organizations including Future Farmers of America, Future Homemakers of America, and 4-H Clubs.

Or. Admin. Code § 141-060-0015

LB 3-1987, f. & ef. 5-6-87

Stat. Auth.: ORS 566

Stats. Implemented: ORS 566.310 - ORS 566.360