ORS 86.210: Types of lender security protection provisions allowed.
Where this section sits in the code
- 02 - Business Organizations, Commercial Code
- 9. Mortgages and Liens
- Chapter 86 — Mortgages; Trust Deeds
A lender may require a lender’s security protection provision under ORS 86.205 to 86.275 either as a direct reduction provision, an escrow account, or a pledge of an interest-bearing savings account in an amount not to exceed the maximum amount which a lender may require a borrower to deposit in a lender’s security protection provision under ORS 86.240 and bearing interest at a rate not less than the rate required on lender’s security protection provisions by ORS 86.245.
Collected 2026-09-03T23:50:11Z. Source file · JSON