§ 709.340 Trust company quitting business; examination
§ 709.350 Successor trustee upon liquidation or receivership; appointment and qualification; petition by director; applicability of state laws
§ 709.390 Discontinuance of trust business; determination of claims against deposit of securities
§ 709.400 Order to start court action; publication of order; jurisdiction over securities; notice to trustor; applicability of state laws
§ 709.410 Termination of right to do trust business
§ 709.420 Actions or suits on claims; service of summons; preference on calendar
§ 709.430 Release or payment of deposit pending suit; distribution of deposits upon determination of suit
§ 709.440 Directors charges as prior lien on deposit
§ 709.450 Sale and disposition of securities to pay expenses, costs and claims
§ 709.460 Application of ORS 709.390 to 709.450 to merger or consolidation; return of security deposit after merger or consolidation
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Terms Used In Oregon Statutes > Chapter 709 > Termination of Trust Business

  • Appellate: About appeals; an appellate court has the power to review the judgement of another lower court or tribunal.
  • Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
  • Defendant: In a civil suit, the person complained against; in a criminal case, the person accused of the crime.
  • 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.
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • 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.
  • Person: includes individuals, corporations, associations, firms, partnerships, limited liability companies and joint stock companies. See Oregon Statutes 174.100
  • Summons: Another word for subpoena used by the criminal justice system.
  • Trial: A hearing that takes place when the defendant pleads "not guilty" and witnesses are required to come to court to give evidence.
  • Trustee: A person or institution holding and administering property in trust.
  • Trustor: The person who makes or creates a trust. Also known as the grantor or settlor.