Terms Used In Oregon Statutes > Chapter 131A > Definitions

• Civil forfeiture: The loss of ownership of property used to conduct illegal activity.
• Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
• Financial institution: means any person lawfully conducting business as:

  (a) A financial institution or trust company, as those terms are defined in ORS § 706. See Oregon Statutes 131A.005

• Forfeiting agency: means a public body that is seeking forfeiture of property under this chapter. See Oregon Statutes 131A.005
• Instrumentality: has the meaning given in ORS § 131. See Oregon Statutes 131A.005
• Law enforcement agency: means any agency that employs police officers or prosecutes criminal cases. See Oregon Statutes 131A.005
• local government: means all cities, counties and local service districts located in this state, and all administrative subdivisions of those cities, counties and local service districts. See Oregon Statutes 174.116
• Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
• Personal property: All property that is not real property.
• Property: means any interest in anything of value, including the whole of any lot or tract of land and tangible and intangible personal property, including currency, instruments or securities or any other kind of privilege, interest, claim or right whether due or to become due. See Oregon Statutes 131A.005
• Public body: has the meaning given in ORS § 174. See Oregon Statutes 131A.005
• special government body: means any of the following:

  (a) A public corporation created under a statute of this state and specifically designated as a public corporation. See Oregon Statutes 174.117

• Violate: includes failure to comply. See Oregon Statutes 174.100