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Oregon Revised Statutes Financial Institutions § 716.566

Current as of January 01, 2023 | Updated by Findlaw Staff

In loans upon real property, the borrower shall furnish the savings bank with:

(1) A note or bond secured by a mortgage or deed of trust on the real estate upon which the loan is made; and

(2) A policy of title insurance issued by a reliable title insurance company authorized to insure titles within the state in which the property is situated.

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Cite this article: FindLaw.com - Oregon Revised Statutes Financial Institutions § 716.566 - last updated January 01, 2023 | https://codes.findlaw.com/or/title-53-financial-institutions/or-rev-st-sect-716-566/

FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.

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