Oregon Statutes 541.756 – Projects obtaining other funds for construction; repayment of funds loaned by state
Except as provided in ORS § 541.760:
(1) If any water development project investigated under ORS § 541.700 to 541.855, other than a safe drinking water project financed in whole or in part from moneys in the Special Public Works Fund created by ORS § 285B.455 or the Water Fund created by ORS § 285B.563, is constructed with funds other than those loaned under ORS § 541.700 to 541.855, the amount expended by the state shall immediately become due and payable, together with interest at the rate provided in ORS § 541.730 (2) from the date of notification of the amount due.
(2) If any water development project is refinanced or financial assistance is obtained from other sources, other than a safe drinking water project financed in whole or in part from moneys in the Special Public Works Fund created by ORS § 285B.455 or the Water Fund created by ORS § 285B.563, after the execution of the loan from the state, all such funds shall be first used to repay the state. [2013 c.784 § 39]
541.756 was added to and made a part of 541.700 to 541.855 by legislative action but was not added to any smaller series therein. See Preface to Oregon Revised Statutes for further explanation.