Power of financial institutions, fiduciaries and others to make loans secured by property insured by Federal Housing Administrator
Financial institutions as defined in ORS 706.008 (Additional definitions for Bank Act), trustees, guardians, conservators, executors, administrators, other fiduciaries and all other persons, associations and corporations, subject to the laws of this state, may make such loans, secured by real property or leasehold, as the Federal Housing Administrator insures or makes a commitment to insure, and may obtain such insurance. [Amended by 1967 c.359 §678; 1973 c.823 §93; 1997 c.631 §386]
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