Contracts or agreements under ORS § 477.406 may provide, among other things, for any or all of the parties to do any one or more of the following:

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Terms Used In Oregon Statutes 477.408

  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC

(1) Exchange services on a cooperative basis.

(2) Provide services, supplies and equipment in return for cash payment or other compensation.

(3) Loan or lease equipment.

(4) Subcontract obligations. [1967 c.429 § 26; 1993 c.415 § 2]