There is a newer version of the Oregon Revised Statutes
2013 Oregon Revised Statutes
Volume : 02 - Business Organizations, Commercial Code
Chapter 086A - Mortgage Lending
Section 86A.196 - Notice of reverse mortgage prohibition in homestead property tax deferral program.
OR Rev Stat § 86A.196 (2013) What's This?
Before entering into an agreement with a borrower for a reverse mortgage, the lender shall notify the borrower in writing of the provisions of ORS 311.700 (2). [2012 c.13 §1]
Note: 86A.196 was enacted into law by the Legislative Assembly but was not added to or made a part of ORS chapter 86A or any series therein by legislative action. See Preface to Oregon Revised Statutes for further explanation.
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