{"data":{"id":"us-or/ors-716.574","jurisdiction":"us-or","citation":"ORS 716.574","heading":"Purchase of real estate sale contract as loan; authority to acquire contracts.","body":"(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.\n      (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.","path":["18 - Financial Institutions, Insurance","53. Financial Institutions","Chapter 716 — Savings Banks"],"source_url":"https://www.oregonlegislature.gov/bills_laws/ors/ors716.html","current_through":"2025 Edition","vintage":"","retrieved_at":"2026-09-03T23:50:17Z","sha256":"8bd07f96553e931662c36da76e1209fc65f310cab786a49273ce771e8ceeccd6","source_id":"us-or","stale":false,"prev":"us-or/ors-716.572","next":"us-or/ors-716.575"},"notice":"GroundRules: Original legal text. Not legal advice."}