As used in ORS 86.705 to 86.815: (1) "Affordable housing covenant" has the meaning given that term in ORS 456.270. (2) "Beneficiary" means a person named or otherwise designated in a trust deed as the person for whose benefit a trust deed is given, or the person's successor in interest, and who is not the trustee unless the beneficiary is qualified to be a trustee under ORS 86.713 (1)(b)(D). (3) "Eligible covenant holder" has the meaning given that term in ORS 456.270. (4) "Grantor" means the person
ORS 86.770 1959 c.625 §§12,13; 1965 c.457 §9; 1981 c.811 §1; 1983 c.719 §8; 1985 c.817 §7; 1989 c.190 §6; 1997 c. 786, § 1; 2007 c. 166, § 16; 2009 c. 883, § 2; 2010 c. 48, § 1; renumbered 86.797 in 2013