§ 541.730 Loan contract; repayment plan
§ 541.735 Payment of funds by State Treasurer pursuant to loan contract
§ 541.740 Liens and other loan security; foreclosure; rules
§ 541.741 Recovery of certain interest amounts
§ 541.745 Remedies of commission when water developer fails to comply with contract
§ 541.750 Repayment of moneys to Water Development Administration and Bond Sinking Fund
§ 541.756 Projects obtaining other funds for construction; repayment of funds loaned by state
§ 541.760 Reduction of loan amount when secondary use funding available
§ 541.765 Authorization for loans for certain federal projects
§ 541.770 Federal project loan contract terms; foreclosure

Terms Used In Oregon Statutes > Chapter 541 > Water Development Projects > Loan Contracts

  • Appraisal: A determination of property value.
  • Continuance: Putting off of a hearing ot trial until a later time.
  • Contract: A legal written agreement that becomes binding when signed.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • executive department: means all statewide elected officers other than judges, and all boards, commissions, departments, divisions and other entities, without regard to the designation given to those entities, that are within the executive branch of government as described in Article III, section 1, of the Oregon Constitution, and that are not:

    (a) In the judicial department or the legislative department;

    (b) Local governments; or

    (c) Special government bodies. See Oregon Statutes 174.112

  • Fee simple: Absolute title to property with no limitations or restrictions regarding the person who may inherit it.
  • Foreclosure: A legal process in which property that is collateral or security for a loan may be sold to help repay the loan when the loan is in default. Source: OCC
  • Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Person: includes individuals, corporations, associations, firms, partnerships, limited liability companies and joint stock companies. See Oregon Statutes 174.100
  • public body: means state government bodies, local government bodies and special government bodies. See Oregon Statutes 174.109
  • Quorum: The number of legislators that must be present to do business.
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
  • United States: includes territories, outlying possessions and the District of Columbia. See Oregon Statutes 174.100