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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

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