ORS 716.574: Purchase of real estate sale contract as loan; authority to acquire contracts.
Where this section sits in the code
- 18 - Financial Institutions, Insurance
- 53. Financial Institutions
- 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