Or. Admin. R. 274-045-0045 - Legal Description of Property Offered as Security

(1) Property offered as security must have an adequate legal description from which the boundaries of the property may be located.
(2) The Director may require a survey to ascertain the boundary lines and location of all permanent improvements on the property.


Or. Admin. R. 274-045-0045
DVA 2-2001, f. & cert. ef. 5-23-01

Stat. Auth.: ORS 406

Stats. Implemented: ORS 407

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