Oregon Revised Statutes Chapter 407 § 407.490 — Mortgage insurance claims; liability of department
Oregon Revised Statutes Chapter 407 ·
Oregon Code § 407.490·Enacted ·Last updated March 01, 2026
Statute Text
Mortgage insurance claims; liability of department.
After assignment transfer and
delivery by the Department of Veterans Affairs of all rights in the insured
property to the organization or person providing insurance, the department
shall not be liable to any borrower for any claim or grievance arising out of
the insurance agreement or the loan agreement. [1989 c.677 §4; 2005 c.625 §48]
FINANCES
Plain English Explanation
This Oregon statute addresses Mortgage insurance claims; liability of department. AI-powered analysis coming soon.
Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 407.490
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Mortgage insurance claims; liability of department. Read the full statute text above for details.
This page reflects the current text as of our last update. Always verify with the official Oregon legislature website for the most current version.
The formal citation is Oregon Code § 407.490. Use this format in legal documents and court filings.
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