Oregon Statutes 777.770 – Additional fiscal powers of export trading corporation
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For the purpose of carrying into effect all or any of its powers, an export trading corporation may:
Terms Used In Oregon Statutes 777.770
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- 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.
- 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.
(1) Borrow money, evidence such borrowing with its promissory notes or other obligations of indebtedness, and pledge in whole or in part any of its assets or revenues not subject to prior liens or pledges.
(2) Issue and sell revenue bonds in the manner and upon the terms and conditions authorized by ORS § 777.560 to 777.590.
(3) Purchase, negotiate and sell letters of credit, bills of lading, dock receipts, dock warrants, drafts and other documents of title as defined in ORS § 71.2010 (2)(p). [1983 c.200 § 11; 2009 c.181 § 108]