Skip to main content
Back To Top Top Back To Top
This website publishes administrative rules on their effective dates, as designated by the adopting state agencies, colleges, and universities.

Rule 4981-1-05 | Security for financial assistance.

 

The ORDC may request any of the following as security for financial assistance:

(A) A pledge of identified tax revenues, fees, or other revenues derived directly or indirectly from the project;

(B) A guarantee from the borrower or another person;

(C) A mortgage or lien position on or security interest in the project or a portion of the project, or any other asset of the borrower;

(D) Other credit enhancement the ORDC determines appropriate.

Last updated June 1, 2023 at 8:44 AM

Supplemental Information

Authorized By:
Amplifies:
Five Year Review Date: