Oregon Revised Statutes Chapter 283 § 283.085 — to 283.092 or the property is land on which improvements financed, in
Oregon Revised Statutes Chapter 283 ·
Oregon Code § 283.085·Enacted ·Last updated March 01, 2026
Statute Text
to 283.092 or the property is land on which improvements financed, in
whole or in part, under ORS 283.085 to 283.092 are located.
(c) A financing
agreement with a principal amount in excess of $100,000 is subject to the
requirements of ORS chapter 286A, and the director may exercise the powers
granted to a related agency, as defined in ORS 286A.001, with respect to a
financing agreement described in this paragraph.
(3) The
expenditure of funds used to finance previously executed financing agreements
or to pay costs incurred to issue a financing agreement must be recorded using
administrative budget limitations.
(4) For purposes
of this section, the principal amount of a financing agreement, other than a
financing agreement to refinance a financing agreement, exceeds $100,000 if the
principal amount, when combined with the principal amount of a financing
agreement, other than a financing agreement to refinance a financing agreement,
previously issued for the same project exceeds $100,000.
(5) Upon the
request and with the approval of the Chief Justice of the Supreme Court or the
State Court Administrator, the Director of the Oregon Department of
Administrative Services may enter into financing agreements in accordance with
ORS 283.085 to 283.092 on behalf of the Judicial Department. [1989 c.1032 §2;
1991 c.642 §4; 1991 c.790 §20; 1993 c.500 §40; 1993 c.635 §3; 2003 c.746 §10;
2007 c.783 §95; 2013 c.767 §4]
Note:
See note under 283.085.
Plain English Explanation
This Oregon statute addresses to 283.092 or the property is land on which improvements financed, in
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 283.085
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses to 283.092 or the property is land on which improvements financed, in
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