Oregon Priority of Operations For 1982 Agreement

State:
Multi-State
Control #:
US-OG-713
Format:
Word; 
Rich Text
Instant download

Description

This form addresses the rights and responsibilities where Where a well authorized under the terms of this Agreement by all parties (or by less than all parties under Article VI.B.2.) has been drilled to the objective depth and the parties participating in the well cannot agree on the sequence and timing of further operations regarding the well

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FAQ

Article 8: Investment Securities: UCC Article 8 applies to a share or similar equity interest issued by an entity that is registered as an investment company under the federal investment company laws, an interest in a unit investment trust that is so registered, or a face-amount certificate issued by a face-amount ...

The concept of attachment (still requires legal steps, however, to protect the claim) deals with the first concern and perfection (the legal process by which secured creditors obtains priority (protection) over other creditors) deals with the last concern.

On June 3, 1963, the Oregon Legislature passed the Oregon Subdivision Control Law. ' This law was enacted to provide the public with protection from fraudulent land promoters who were selling marginal and desert lands within the state.

ORS Chapter 65 ? Nonprofit Corporations.

The Oregon Planned Community Act regulates the creation, authority, management, and operation of residential planned communities such as homeowners associations. It covers the adoption of the annual budget, voting rules, insurance requirements, assessments, and liens, among other things.

The uniform laws on commercial tra?nsactions developed and promoted by the Uniform Law Commission, and adopted by Oregon in the Oregon Revised Statutes, Chapters 71-79.

Article 9 regulates the creation of security interests, and the enforcement of those interests, in movable or intangible property and fixtures. It encompasses a wide variety of possessory liens and determines the legal right of ownership if a debtor does not meet their obligations.

Article 9 of the Uniform Commercial Code (UCC) provides various methods for a secured creditor to repossess collateral after default. The method for obtaining possession depends on the nature of the collateral and, to some extent, how the security interest was perfected.

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Oregon Priority of Operations For 1982 Agreement