2015 ORS 86.214¹
Application of ORS 86.210 and 86.245 to real estate loan agreements

To the extent not inconsistent with provisions of existing real estate loan agreements and provided such agreements are not silent with regard to a lender’s security protection provision, the provisions of ORS 86.210 (Types of lender security protection provisions allowed), 86.245 (Interest on security protection deposits) and this section shall apply to real estate loan agreements entered into prior to, on and after October 1, 1987. To the extent that the provisions of existing real estate loan agreements are inconsistent with the provisions of ORS 86.210 (Types of lender security protection provisions allowed), 86.245 (Interest on security protection deposits) and this section, the existing real estate loan agreements are silent as to a lender’s security protection provision, or any part of ORS 86.210 (Types of lender security protection provisions allowed), 86.245 (Interest on security protection deposits) and this section is declared unconstitutional as to existing real estate loan agreements, the provisions of ORS 86.205 (Definitions for ORS 86.205 to 86.275) to 86.275 (Severability) (1985 Replacement Part) shall govern and be in full force and effect. [1987 c.577 §4]


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.