Oregon Statutes > Chapter 286A > Pension Liability Bonds
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Terms Used In Oregon Statutes > Chapter 286A > Pension Liability Bonds
- Escrow: Money given to a third party to be held for payment until certain conditions are met.
- 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.
- State Treasury: includes those financial assets the lawful custody of which are vested in the State Treasurer and the office of the State Treasurer relating to the custody of those financial assets. See Oregon Statutes 174.100
- Trustee: A person or institution holding and administering property in trust.