Each loan shall be covered by a title insurance policy as designated by the Director at the borrower's expense.

Statutory/Other Authority

ORS 406.030, 407.115, 407.125 & Art. XI-A OR Const.

Statutes/Other Implemented

ORS 407.115, 407.125 & Art. XI-A OR Const.

History

DVA 10-2001, f. & cert. ef. 12-26-01