ORS 456.165: Vested rights of creditors not affected by restrictions of ORS 456.155 and 456.160.
Edition: 2025 EditionEffective: 2026-01-01Last verified: 2026-09-07
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.
This rule cites
- ORS 456.155 — resolved
- 456.160 — resolved
Cited by
No inbound citations found.
Official source: https://www.oregonlegislature.gov/bills_laws/ors/ors456.html