Oregon Revised Statutes Chapter 716 § 716.564 — Investment in notes or bonds secured by mortgages or trust deeds to finance
Oregon Revised Statutes Chapter 716 ·
Oregon Code § 716.564·Enacted ·Last updated March 01, 2026
Statute Text
Investment in notes or bonds secured by mortgages or trust deeds to finance
real estate development.
A savings bank may invest the funds mentioned in ORS 716.410 in notes or bonds
secured by a mortgage, deed of trust or other instrument for the purpose of
financing the acquisition and development of land for primarily commercial,
industrial or residential usage. A loan may be made on real estate which is to
be improved with the developments to be paid for from the proceeds of the loan
if the proceeds will be used for that purpose. [1973 c.797 §371e; 1985 c.554 §9]
Plain English Explanation
This Oregon statute addresses Investment in notes or bonds secured by mortgages or trust deeds to finance
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 716.564
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Investment in notes or bonds secured by mortgages or trust deeds to finance
. Read the full statute text above for details.
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The formal citation is Oregon Code § 716.564. Use this format in legal documents and court filings.
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