Terms Used In Oregon Statutes > Chapter 462 - Racing

• Attachment: A procedure by which a person's property is seized to pay judgments levied by the court.
• Breaks: means the odd cents remaining after the payoff prices have been computed in accordance with ORS § 462. See Oregon Statutes 462.010
• Calendar year: means a 12-month year, January 1 through December 31. See Oregon Statutes 462.010
• City: includes any incorporated village or town. See Oregon Statutes 174.100
• Commission: means the Oregon Racing Commission. See Oregon Statutes 462.010
• Continuous race meet: includes any exhibition of animal racing continuously at the same race course by two or more licensees where the mutuel system is used in conjunction with any race. See Oregon Statutes 462.010
• Counterclaim: A claim that a defendant makes against a plaintiff.
• Drug: means any narcotic, sedative, anesthetic, analgesic, drug or other medication of any kind or description intended for use in any manner, directly or indirectly, internally or externally, in the diagnosis, treatment, mitigation or cure of injury or disease or for use in the prevention of disease that could affect, in any manner, the racing condition or performance of an animal as a depressant, stimulant, local anesthetic, analgesic, sedative or otherwise. See Oregon Statutes 462.010
• Escheat: Reversion of real or personal property to the state when 1) a person dies without leaving a will and has no heirs, or 2) when the property (such as a bank account) has been inactive for a certain period of time. ^{Source: OCC}
• Ex officio: Literally, by virtue of one's office.
• Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
• Fiscal year: means a 12-month year, as described in ORS § 293. See Oregon Statutes 462.010
• Garnishment: Generally, garnishment is a court proceeding in which a creditor asks a court to order a third party who owes money to the debtor or otherwise holds assets belonging to the debtor to turn over to the creditor any of the debtor
• Gross mutuel wagering: means all mutuel wagering that is made in person:

  (a) At the race course of a race meet licensee;

  (b) At an off-race course mutuel wagering location approved by the commission; or

  (c) Through account wagering authorized under ORS § 462. See Oregon Statutes 462.010

• Licensee: means a person, partnership, corporation, political subdivision, municipal corporation or any other body holding a license under this chapter. See Oregon Statutes 462.010
• Mutuel: means a system whereby:

  (a) Wagers with respect to the outcome of a race are placed with a wagering pool in which the participants are not wagering against the operator; and

  (b) The operator distributes to one or more winning participants the total amount in the wagering pool, less amounts deducted by the operator as approved by the commission. See Oregon Statutes 462.010

• Prosecute: To charge someone with a crime. A prosecutor tries a criminal case on behalf of the government.
• Public training track: means any race course or other facility that is available or open to the public for use in the training or schooling of racing animals. See Oregon Statutes 462.010
• Race: includes races conducted without wagering, provided one or more races in the meet are conducted with wagering. See Oregon Statutes 462.010
• Race course: means all the premises used in connection with the conduct of a race meet, including but not limited to, the race track, grandstands, paddock, stables, kennels and all other buildings and grounds adjacent to or appurtenant to the physical limits of the race track. See Oregon Statutes 462.010
• Race meet: means any exhibition of animal racing where the mutuel system is used in conjunction with any race. See Oregon Statutes 462.010
• Tract: means one or more contiguous lots or parcels under the same ownership. See Oregon Statutes 215.010