Terms Used In Oregon Statutes > Chapter 723 > Change in Corporate Status

• Answer: The formal written statement by a defendant responding to a civil complaint and setting forth the grounds for defense.
• Appeal: A request made after a trial, asking another court (usually the court of appeals) to decide whether the trial was conducted properly. To make such a request is "to appeal" or "to take an appeal." One who appeals is called the appellant.
• Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
• Assets: means property, a right or a claim with future objectively measurable value that is owned or effectively controlled by a credit union. See Oregon Statutes 723.001
• Deed: The legal instrument used to transfer title in real property from one person to another.
• Department: means the Department of Consumer and Business Services. See Oregon Statutes 723.001
• Director: means the Director of the Department of Consumer and Business Services. See Oregon Statutes 723.001
• 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.
• National Credit Union Administration: The federal regulatory agency that charters and supervises federal credit unions. (NCUA also administers the National Credit Union Share Insurance Fund, which insures the deposits of federal credit unions.) ^{Source: OCC}
• Person: includes individuals, corporations, associations, firms, partnerships, limited liability companies and joint stock companies. See Oregon Statutes 174.100
• United States: includes territories, outlying possessions and the District of Columbia. See Oregon Statutes 174.100
• Uphold: The decision of an appellate court not to reverse a lower court decision.