Trust companies depositing securities guaranteed by mortgage insurance and mortgage participation certificates.

  1. Law
  2. Oregon Revised Statutes
  3. Financial Institutions, Insurance
  4. Regulation of Trust Business
  5. Trust companies depositing securities guaranteed by mortgage insurance and mortgage participation certificates.

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(1) Notes or bonds secured by mortgages or deeds of trust, payment of which are guaranteed by policies of mortgage insurance; and

(2) Mortgage participation certificates issued by a mortgage insurance company authorized to do business in this state in accordance with ORS 742.282 and 742.284. [Amended by 1967 c.359 §703; 1973 c.797 §185; 1997 c.631 §205]


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