The Authority may invoke remedies for an “event of default” as described in the contract with the Award recipient, including but not limited to the following:
- (1) Withholding of amounts otherwise due to the Award recipient;
- (2) Barring the Award recipient from applying for future awards;
- (3) Demanding return of any Award disbursed and any interest earned on the disbursed Award; and
- (4) Any other remedies available at law or in equity.
Statutory/Other Authority
Oregon Laws 2025, Chapter 497
Statutes/Other Implemented
Oregon Laws 2025, Chapter 497
History
OBDD 8-2026, adopt filed 04/24/2026, effective 04/24/2026