§ 450.215 Plans for division and disposal of properties
§ 450.225 Effective date of annexation; disposition of properties in territory; liabilities and indebtedness of territory; filing of report
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Terms Used In Oregon Statutes > Chapter 450 > Sanitary Districts > Annexation

  • 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
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • 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.
  • 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.