Terms used in OAR 170-060 shall have the meanings given in ORS Chapter 287A unless otherwise specifically defined herein:

1. (1) Definitions.
2. (2) "Counterparty" means an entity with whom a public body enters into an agreement for the exchange of interest rates.
3. (3) "Swap policy" means the written policy regarding the use of agreements for the exchange of interest rates adopted by the public body.
4. (4) "MDAC" means the Oregon Municipal Debt Advisory Commission.
5. (5) “OST” means the Office of the State Treasurer.

Statutory/Other Authority

ORS 178.050

Statutes/Other Implemented

ORS 183.355

History

OST 7-2008, f. & cert. ef. 12-29-08