(1) Pursuant to ORS § 196.220, the Willamette Falls Locks Authority may create and maintain an entity that is exempt from federal income tax under section 501(c)(3) of the Internal Revenue Code, as amended, for the purpose of advancing the mission of the authority.

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Terms Used In Oregon Statutes 196.225

  • 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.
  • local government: means all cities, counties and local service districts located in this state, and all administrative subdivisions of those cities, counties and local service districts. See Oregon Statutes 174.116
  • public body: means state government bodies, local government bodies and special government bodies. See Oregon Statutes 174.109

(2) Any entity created by the authority under subsection (1) of this section shall be considered:

(a) A unit of local government for purposes of ORS § 190.003 to 190.130;

(b) A public body for purposes of ORS § 30.260 to 30.300 and 307.112;

(c) A contracting agency for purposes of ORS § 200.090; and

(d) A public corporation for purposes of ORS § 307.090. [2021 c.229 § 7]

 

See note under 196.200.

 

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