Section 286A.100 - Definitions for ORS 286A.100 and 286A.102As used in this section and ORS 286A.102:
(1) "Obligation" means: (b) An agreement for exchange of interest rates with the State of Oregon; or(c) A credit enhancement device given as additional security for a bond.(2) "Pledge" means: (a) To create a security interest in or a lien on property to secure payment or performance of an obligation, by mortgaging, assigning or encumbering property or by creating a security interest in property by any other manner.(b) A security interest in or lien on property created under paragraph (a) of this subsection.(3) "Pledgee" means: (a) A trustee for the holder of an obligation; or(b) The holder of an obligation if a trustee was not appointed in the operative document or if the operative document authorizes the holder of an obligation to foreclose the lien of a pledge and enforce the remedies consequent to the pledge in lieu of the trustee.(4) "Property" means:(a) Real or personal property, tangible or intangible, whether owned when the pledge is made or acquired subsequently to the time the pledge is made; and(b) Revenues, contract rights, receivables or securities. 2007 c. 783, § 17; 2009 c. 537, § 8