2017 Oregon Revised Statutes
Volume : 02 - Business Organizations, Commercial Code
Chapter 062 - Cooperatives
Section 62.803 - Definitions for ORS 62.800 to 62.815.
As used in ORS 62.800 to 62.815, unless the context requires otherwise:
(1) "Lienholder" means the holder of a manufactured dwelling lien:
(a) That is recorded in the deed records of the county in which the manufactured dwelling is located;
(b) That is perfected with the Department of Consumer and Business Services pursuant to ORS 446.611; or
(c) Of which a manufactured dwelling park nonprofit cooperative has actual knowledge.
(2) "Manufactured dwelling" has the meaning given that term in ORS 446.003.
(3) "Manufactured dwelling park" has the meaning given that term in ORS 446.003.
(4) "Manufactured dwelling park nonprofit cooperative" means a cooperative corporation that:
(a) Is organized to acquire or develop, and to own, an interest in one or more manufactured dwelling parks that are primarily used for the siting of manufactured dwellings owned and occupied by members of the cooperative;
(b) Limits the use of all income and earnings to use by the cooperative and not for the benefit or profit of any individual; and
(c) Elects to be governed by ORS 62.800 to 62.815. [2007 c.607 §3; 2009 c.609 §4]
