Oregon Statutes 62.765 – Definitions for ORS 62.765 to 62.792
Current as of: 2023 | Check for updates
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As used in ORS § 62.765 to 62.792, unless the context requires otherwise:
Terms Used In Oregon Statutes 62.765
- Cooperative: means a cooperative corporation that is subject to the provisions of this chapter. See Oregon Statutes 62.015
- Person: means an individual, corporation, association, firm, partnership, joint stock company, cooperative or foreign cooperative. See Oregon Statutes 62.015
(1) ‘Employee cooperative‘ means a corporation which has elected to be governed by the provisions of ORS § 62.765 to 62.792.
(2) ‘Member’ means a natural person who has been accepted for membership in, and owns a membership share issued by an employee cooperative. [1987 c.677 § 12]