Oregon Secretary of State

Oregon Business Development Department

Chapter 123

Division 52
BEGINNING AND EXPANDING FARMER LOAN 
PROGRAM (“AGGIE BONDS”)

123-052-2000
Fees and Costs

(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.

Statutory/Other Authority: ORS 285A.420 - 285A.435 & ch. 742 OL 2013
Statutes/Other Implemented: ORS 285A.420.420 - 285A.435 & ch. 742 OL 2013
History:
OBDD 8-2016, f. & cert. ef. 8-3-16
OBDD 3-2015, f. & cert. ef. 2-24-15


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