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 (Limitations on issuance of mortgage insurance) and 742.284 (Insured obligations as legal investments and securities for deposit). [Amended by 1967 c.359 §703; 1973 c.797 §185; 1997 c.631 §205]
3 OregonLaws.org assembles these lists by analyzing references between Sections. Each listed item refers back to the current Section in its own text. The result reveals relationships in the code that may not have otherwise been apparent.