GroundRules
← Search the law
Oregon · Through 2025 Edition

ORS 716.574: Purchase of real estate sale contract as loan; authority to acquire contracts.

Read at publisher ↗
Where this section sits in the code
  1. 18 - Financial Institutions, Insurance
  2. 53. Financial Institutions
  3. Chapter 716 — Savings Banks

(1) The purchase of a bona fide contract covering a sale of real estate is a loan on real estate within the meaning of ORS 716.552 to 716.574.

      (2) A savings bank may acquire contracts covering a sale of real estate if all other requirements of ORS 716.552 to 716.574 are satisfied.

Collected 2026-09-03T23:50:17Z. Source file · JSON

Browse this collection