Oregon Statutes 86.170 – Prohibited mortgage provisions
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Any provision in a mortgage for a late charge except as authorized by ORS § 86.160 to 86.185 shall be invalid. [1977 c.427 § 3; 1997 c.631 § 384]
Terms Used In Oregon Statutes 86.170
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.