Oregon Statutes > Chapter 548 > Organization; Sale of Lands; Transfer of Funds
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Terms Used In Oregon Statutes > Chapter 548 > Organization; Sale of Lands; Transfer of Funds
- 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.
- Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.