§ 545.671 Contract providing plan of liquidation; resolution of directors
§ 545.673 Terms of contract
§ 545.675 Parties to contract; execution
§ 545.677 Election authorizing directors to enter into contract
§ 545.679 Recording of contract; effective date; preeminence of contract with respect to rights and liabilities

Terms Used In Oregon Statutes > Chapter 545 > Additional Method of Liquidating Indebtedness

  • board of directors: means the governing body of a district. See Oregon Statutes 545.002
  • Contract: A legal written agreement that becomes binding when signed.
  • District: means an irrigation district organized or operating under this chapter. See Oregon Statutes 545.002
  • 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.
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Statute: A law passed by a legislature.