There is a newer version of the Oregon Revised Statutes
2015 Oregon Revised Statutes
Volume : 11 - Public Health, Housing, Environment
Chapter 456 - Housing
Section 456.165 - Vested rights of creditors not affected by restrictions of ORS 456.155 and 456.160.
OR Rev Stat § 456.165 (2015) What's This?
ORS 456.155 and 456.160 do not limit the power of an authority to vest in an obligee the right, in the event of a default by the authority, to take possession of a housing project or cause the appointment of a receiver thereof or acquire title thereto through foreclosure proceedings, free from all the restrictions imposed by those sections.
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