§ 554.375 Dissolution of district and reorganization as corporation; meeting of landowners; approval of reorganization by landowners
§ 554.380 Articles of incorporation for corporation formed from dissolved district; required provisions; membership
§ 554.385 Findings by board of reorganizing district; plan of dissolution; transfer of district assets to corporation; statement of dissolution
§ 554.390 Dissolution of district and reorganization as corporation under ORS 554.320 and 554.375 to 554.390 prohibited after 2004

Terms Used In Oregon Statutes > Chapter 554 > Reorganization of Districts as Corporations

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • 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.
  • Person: includes individuals, corporations, associations, firms, partnerships, limited liability companies and joint stock companies. See Oregon Statutes 174.100
  • Personal property: All property that is not real property.
  • Quorum: The number of legislators that must be present to do business.
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.