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2019 Oregon Revised Statutes
Volume : 02 - Business Organizations, Commercial Code
Chapter 088 - Foreclosure of Mortgages and Other Liens
Section 88.040 - Foreclosure suit during and after action for debt.
Universal Citation: OR Rev Stat § 88.040 (2019)
During the pendency of an action for the recovery of a debt secured by any lien mentioned in ORS 88.010, a suit cannot be maintained for the foreclosure of the lien, nor thereafter, unless judgment is given in such action that the plaintiff recover the debt or some part thereof, and an execution thereon against the property of the defendant is returned unsatisfied in whole or in part.
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