Section 283.095 - Authority for state agency to enter into financing agreement.

OR Rev Stat § 283.095 (2019) (N/A)
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(a) "Financing agreement" has the meaning given that term in ORS 283.085.

(b) "State agency" has the meaning given that term in ORS 283.089.

(2) If authorized by a provision of law other than ORS 283.085 to 283.092, a state agency may enter into a financing agreement with a principal amount of $100,000 or less.

(3) Notwithstanding any authority in a provision of law other than ORS 283.085 to 283.092, a state agency may not enter into a financing agreement in an amount that exceeds $100,000. [2013 c.767 §2; 2015 c.767 §83; 2015 c.828 §24]

Note: 283.095 was enacted into law by the Legislative Assembly but was not added to or made a part of ORS chapter 283 or any series therein by legislative action. See Preface to Oregon Revised Statutes for further explanation.