Terms Used In Oregon Statutes > Chapter 776 - Maritime Pilots and Pilotage

• Acceptor: means a drawee who has accepted a draft. See Oregon Statutes 73.0103
• Board: means the Oregon Board of Maritime Pilots. See Oregon Statutes 776.015
• County court: includes board of county commissioners. See Oregon Statutes 174.100
• Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
• Drawee: means a person ordered in a draft to make payment. See Oregon Statutes 73.0103
• Drawer: means a person who signs or is identified in a draft as a person ordering payment. See Oregon Statutes 73.0103
• Ex officio: Literally, by virtue of one's office.
• Licensee: means an individual licensed under ORS § 776. See Oregon Statutes 776.015
• Maker: means a person who signs or is identified in a note as a person undertaking to pay. See Oregon Statutes 73.0103
• Oath: A promise to tell the truth.
• Order: means a written instruction to pay money signed by the person giving the instruction. See Oregon Statutes 73.0103
• Organization of pilots: means any legal entity or association to which licensees belong as members, or with which licensees are associated, that is formed for cooperative performance of functions including, but not limited to, the dispatching of licensees and trainees, collection of pilotage fees, ownership and operation of pilot boats, distribution of earnings of licensees and trainees, and education and training so as to facilitate the rendition of pilotage services by individual licensees and trainees. See Oregon Statutes 776.015
• Oversight: Committee review of the activities of a Federal agency or program.
• Promise: means a written undertaking to pay money signed by the person undertaking to pay. See Oregon Statutes 73.0103
• Quorum: The number of legislators that must be present to do business.
• 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.
• State Treasury: includes those financial assets the lawful custody of which are vested in the State Treasurer and the office of the State Treasurer relating to the custody of those financial assets. See Oregon Statutes 174.100
• Statute: A law passed by a legislature.
• Subpoena: A command to a witness to appear and give testimony.
• to pilot: means the actions of a licensee or trainee in assisting the master of a vessel under ORS § 776. See Oregon Statutes 776.015
• Trainee: means a person the board has licensed under ORS § 776. See Oregon Statutes 776.015
• Trustee: A person or institution holding and administering property in trust.
• Variable Rate: Having a "variable" rate means that the APR changes from time to time based on fluctuations in an external rate, normally the Prime Rate. This external rate is known as the "index." If the index changes, the variable rate normally changes. Also see Fixed Rate.