Oregon Revised Statutes Chapter 408 § 408.440 — Land
Oregon Revised Statutes Chapter 408 ·
Oregon Code § 408.440·Enacted ·Last updated March 01, 2026
Statute Text
Land
of enlisted person exempt from foreclosure and judicial sale during war.
No suit or action shall be
commenced or maintained, during the period provided for in this section, to
foreclose any mortgage upon real property, or to collect the debt secured
thereby, if the land covered by the mortgage is owned, wholly or in part, by an
enlisted person in the Army or Navy of the United States, who enlisted therein
in the volunteer forces or who enlisted in the National Guard of the United
States and of the State of Oregon and the organization of the enlisted person
was called into the service of the United States. The lands of any such soldier
or sailor shall be exempt from judicial sale for the satisfaction of any
judgment during the period provided for in this section. This moratorium shall
extend only during the period of actual service in the army or navy forces of
the United States, and in no case shall begin prior to the day on which the
Congress of the United States declares war, nor continue after 60 days
subsequent to the conclusion of such war. All statutes of limitation in effect
in this state shall be suspended during the period described in this section,
as to such mortgages, debts and judgments.
Plain English Explanation
This Oregon statute addresses Land
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 408.440
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Land
. 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 § 408.440. Use this format in legal documents and court filings.
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