§ 506.720 Suit for damages; amount; rules; application for or obtaining license when money due prohibited

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Terms Used In Oregon Statutes > Chapter 506 > Commercial Fishing Law Enforcement > Damages for Unlawful Taking

  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.
  • Joint committee: Committees including membership from both houses of teh legislature. Joint committees are usually established with narrow jurisdictions and normally lack authority to report legislation.
  • Oversight: Committee review of the activities of a Federal agency or program.
  • Person: includes individuals, corporations, associations, firms, partnerships, limited liability companies and joint stock companies. See Oregon Statutes 174.100
  • Restitution: The court-ordered payment of money by the defendant to the victim for damages caused by the criminal action.