Force Place Insurance
Last Review
Last Update
Statutes
ORS 746.201 lays out the rules and necessary notice to carry out requirements for a depository institution to obtain required property insurance when the borrower does not do so.
Cases
Comments
| The force place insurance statute probably does not apply to a true lease, but would apply to a lease intended as security. |
Contributors
Mark R. Wada
The statutory information was edited and reviewed with the support of MultiState
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