Terms Used In Oregon Statutes > Chapter 268 > General Provisions

• Contract: A legal written agreement that becomes binding when signed.
• 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.
• District: means a metropolitan service district established under this chapter. See Oregon Statutes 268.020
• District charter: means a home rule charter enacted by the electors of a district under section 14, Article XI, Oregon Constitution. See Oregon Statutes 268.020
• Metropolitan area: means that area which on October 4, 1997, lies within the boundaries of Clackamas, Multnomah and Washington Counties. See Oregon Statutes 268.020
• Metropolitan significance: means having major or significant district-wide impact. See Oregon Statutes 268.020
• 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.
• public body: means state government bodies, local government bodies and special government bodies. See Oregon Statutes 174.109
• Regional framework plan: means the Metro regional framework plan defined in ORS § 197. See Oregon Statutes 268.020