For minor projects of not more than 100 THP, the Director in issuing Licenses waives the following conditions, provisions, and requirements of ORS Chapter 543:
- (1) ORS 543.530 which relates to the issuance of bonds or other evidence of indebtedness and the control thereof by the Commission.
- (2) ORS 543.550 relating to liens against the project and providing that any sale shall be of the whole property embraced in the project unless a partial sale is approved by the Director.
- (3) ORS 543.560 which requires the Licensee to execute to the State of Oregon a bond to the effect that the Licensee shall promptly make payment to all persons supplying labor, material, machinery, etc.
Statutory/Other Authority
ORS 536.025, 536.027, 537 & 543
History
WRD 8-2015, f. 12-18-15, cert. ef. 1-1-16
WRD 2-1993, f. & cert. ef. 5-19-93
WRD 14-1986, f. & ef. 10-13-86