§ 327.403 Definition for ORS 327.405 to 327.480
§ 327.405 Common School Fund; composition and use
§ 327.410 Apportionment of Distributable Income Account of Common School Fund among counties; distribution to school districts
§ 327.420 Basis of apportionment
§ 327.423 Determination of school census
§ 327.425 Loans and investment of funds; determination of interest rate
§ 327.430 Security for loans
§ 327.435 Ascertainment of value and title of security
§ 327.440 Loan repayment
§ 327.445 Custody of securities for loan; collection of interest
§ 327.450 Foreclosure of mortgages given to secure loans
§ 327.455 Record of purchases by Department of State Lands on foreclosures; resale or lease of land; disposition of proceeds
§ 327.465 Cancellation of unpaid taxes after deed to state in liquidation of loan
§ 327.470 Cancellation of taxes on land acquired through foreclosure proceedings; right of redemption
§ 327.475 When county court may acquire mortgaged lands deeded to state
§ 327.480 Use of Common School Fund moneys to comply with judgment canceling fraudulent deed
§ 327.482 Appropriation to reimburse fund for earnings failure
§ 327.484 Reimbursement for earnings failure
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Terms Used In Oregon Statutes > Chapter 327 > Common School Fund

  • Amortization: Paying off a loan by regular installments.
  • Appraisal: A determination of property value.
  • County court: includes board of county commissioners. See Oregon Statutes 174.100
  • Escheat: Reversion of real or personal property to the state when 1) a person dies without leaving a will and has no heirs, or 2) when the property (such as a bank account) has been inactive for a certain period of time. Source: OCC
  • 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.
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • Foreclosure: A legal process in which property that is collateral or security for a loan may be sold to help repay the loan when the loan is in default. Source: OCC
  • Fraud: Intentional deception resulting in injury to another.
  • Interest rate: The amount paid by a borrower to a lender in exchange for the use of the lender's money for a certain period of time. Interest is paid on loans or on debt instruments, such as notes or bonds, either at regular intervals or as part of a lump sum payment when the issue matures. Source: OCC
  • 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
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Mortgagee: The person to whom property is mortgaged and who has loaned the money.
  • United States: includes territories, outlying possessions and the District of Columbia. See Oregon Statutes 174.100