2015 ORS 86.210¹
Types of lender security protection provisions allowed

A lender may require a lender’s security protection provision under ORS 86.205 (Definitions for ORS 86.205 to 86.275) to 86.275 (Severability) either as a direct reduction provision, an escrow account, or a pledge of an interest-bearing savings account in an amount not to exceed the maximum amount which a lender may require a borrower to deposit in a lender’s security protection provision under ORS 86.240 (Limit on amount required in security protection escrow account) and bearing interest at a rate not less than the rate required on lender’s security protection provisions by ORS 86.245 (Interest on security protection deposits). [1975 c.337 §2; 1987 c.577 §1]


1 Legislative Counsel Committee, CHAPTER 86—Mortgages; Trust Deeds, https://­www.­oregonlegislature.­gov/­bills_laws/­ors/­ors086.­html (2015) (last ac­cessed Jul. 16, 2016).
 
2 OregonLaws.org contains the con­tents of Volume 21 of the ORS, inserted along­side the per­tin­ent statutes. See the preface to the ORS An­no­ta­tions for more information.
 
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.