Oregon Statutes > Chapter 279C > Construction Contracts Generally > Action on Payment Bonds and Public Works Bonds
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Terms Used In Oregon Statutes > Chapter 279C > Construction Contracts Generally > Action on Payment Bonds and Public Works Bonds
- Contract: A legal written agreement that becomes binding when signed.
- 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.
- Person: includes individuals, corporations, associations, firms, partnerships, limited liability companies and joint stock companies. See Oregon Statutes 174.100
- public body: means state government bodies, local government bodies and special government bodies. See Oregon Statutes 174.109