Oregon Code § 716.578·Enacted ·Last updated March 01, 2026
Statute Text
Purchase
of notes secured by real estate from third persons.
A savings bank may take and hold
by purchase and assignment from third persons notes, bonds, mortgages and deeds
of trust eligible for investment under ORS 716.552 to 716.574. [Formerly
716.480]
Plain English Explanation
This Oregon statute addresses Purchase
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 716.578
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Purchase
. 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 § 716.578. Use this format in legal documents and court filings.
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