SB 968

  • Oregon Senate Bill
  • 2017 Regular Session
  • Introduced in Senate Mar 02, 2017
  • Senate
  • House
  • Governor

Relating to trust deeds; declaring an emergency.

Abstract

Revises definition of "beneficiary." Modifies requirements for trustee to foreclose trust deed by advertisement and sale. Declares recorded trustee's deed prima facie evidence that all assignments required to be recorded are recorded. Declares instrument executed by beneficiary prima facie evidence that beneficiary is authorized to execute instrument. Permits beneficiary to designate agent or nominee to act on behalf of beneficiary. Declares emergency, effective on passage.

Bill Sponsors (8)

Votes


No votes to display

Actions


Jul 08, 2017

Oregon Legislative Assembly

In committee upon adjournment.

Apr 05, 2017

Oregon Legislative Assembly

Public Hearing held.

Mar 03, 2017

Oregon Legislative Assembly

Referred to Business and Transportation.

Mar 02, 2017

Oregon Legislative Assembly

Introduction and first reading. Referred to President's desk.

Bill Text

Bill Text Versions Format
Introduced PDF

Related Documents

Document Format
No related documents.

Sources

Data on Open States is updated periodically throughout the day from the official website of the Oregon Legislative Assembly.

If you notice any inconsistencies with these official sources, feel free to file an issue.