Statutes, codes, and regulations
Oregon Revised Statutes
Title 36A - HOUSING; LOTTERY AND GAMES; ENVIRONMENTChapter 456 - HOUSING
HOUSING AUTHORITIES LAW
Section 456.165 - Vested rights of creditors not affected by restrictions of ORS 456.155 and 456.160

ORS § 456.165

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Current through 2024 Regular Session legislation effective June 6, 2024
Section 456.165 - Vested rights of creditors not affected by restrictions of ORS 456.155 and 456.160

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.

ORS 456.165