Oregon Statutes 772.055 – Condemnation procedure
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No condemnation of private property shall be made under ORS § 772.010 to 772.020 or 772.030 to 772.050 until compensation is made to the owner thereof, irrespective of any increased value thereof by reason of the proposed improvement by such corporation, in the manner provided in ORS Chapter 35.
Terms Used In Oregon Statutes 772.055
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.