Oregon Statutes > Chapter 238A > Individual Account Program > Investment Options
Current as of: 2023 | Check for updates
|
Other versions
§ 238A.420 | Investment options under individual account program; rules |
§ 238A.422 | Limitation of liability |
Terms Used In Oregon Statutes > Chapter 238A > Individual Account Program > Investment Options
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- local government: means all cities, counties and local service districts located in this state, and all administrative subdivisions of those cities, counties and local service districts. See Oregon Statutes 174.116
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
- Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
- United States: includes territories, outlying possessions and the District of Columbia. See Oregon Statutes 174.100
- Violate: includes failure to comply. See Oregon Statutes 174.100