Section 716.574 - Purchase of real estate sale contract as loan; authority to acquire contracts(1) The purchase of a bona fide contract covering a sale of real estate is a loan on real estate within the meaning of ORS 716.552 to 716.574.(2) A savings bank may acquire contracts covering a sale of real estate if all other requirements of ORS 716.552 to 716.574 are satisfied.1973 c.797 §371i; 1985 c.554 §12