(2) Nothing in ORS 746.213, 746.215 or 746.217 prevents a depository institution or an affiliate of a depository institution that lends money or extends credit or other lender or seller from placing insurance on real or personal property in the event the customer, borrower, mortgagor or purchaser fails to provide insurance required under the terms of the loan or credit document.
(3) ORS 746.213, 746.215 and 746.217 do not apply to credit-related insurance. [2003 c.363 §5]
Note: See note under 746.213.
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