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2017 Oregon Revised Statutes
Volume : 02 - Business Organizations, Commercial Code
Chapter 062 - Cooperatives
Section 62.765 - Definitions for ORS 62.765 to 62.792.
Universal Citation: OR Rev Stat § 62.765 (2017)
As used in ORS 62.765 to 62.792, unless the context requires otherwise:
(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]
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