Oregon Code § 709.050·Enacted ·Last updated March 01, 2026
Statute Text
Trust
companies depositing securities guaranteed by mortgage insurance and mortgage
participation certificates.
A trust company authorized to do a trust business in this state which is
required to make any deposit of securities with any public official in order to
do business in this state may deposit:
(1) Notes or
bonds secured by mortgages or deeds of trust, payment of which are guaranteed
by policies of mortgage insurance; and
(2) Mortgage
participation certificates issued by a mortgage insurance company authorized to
do business in this state in accordance with ORS 742.282 and 742.284. [Amended
by 1967 c.359 §703; 1973 c.797 §185; 1997 c.631 §205]
Plain English Explanation
This Oregon statute addresses Trust
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 709.050
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Trust
. Read the full statute text above for details.
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The formal citation is Oregon Code § 709.050. Use this format in legal documents and court filings.
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