2019 Oregon Revised Statutes
Volume : 02 - Business Organizations, Commercial Code
Chapter 062 - Cooperatives

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GENERAL PROVISIONS

Section 62.005 - Short title.
Section 62.010 [Repealed by 1957 c.716 §76]
Section 62.015 - Definitions.
Section 62.020 [Repealed by 1957 c.716 §76]
Section 62.025 - Filing requirements.
Section 62.030 - Filing, service, copying and certification fees.
Section 62.035 - Effective time and date of document.
Section 62.040 - Correcting filed document.
Section 62.045 - Forms; rules.
Section 62.050 - Filing duty of Secretary of State.
Section 62.055 - Appeal from Secretary of State’s refusal to file document.
Section 62.060 - Evidentiary effect of copy of filed document.
Section 62.065 - Certificate of existence.
Section 62.110 [Repealed by 1957 c.716 §76]

SUBSTANTIVE PROVISIONS

Section 62.115 - Purposes for which cooperatives may be organized.
Section 62.120 [Repealed by 1957 c.716 §76]
Section 62.125 - General powers.
Section 62.128 - Reserved name.
Section 62.130 [Repealed by 1957 c.716 §76]
Section 62.131 - Cooperative name.
Section 62.135 - Bylaws.
Section 62.140 [Repealed by 1957 c.716 §76]
Section 62.145 - Membership.
Section 62.150 [Repealed by 1957 c.716 §76]
Section 62.155 - Registered office and registered agent; service of process on cooperative.
Section 62.160 [Repealed by 1957 c.716 §76]
Section 62.165 - Actions in excess of authority.
Section 62.170 [Repealed by 1957 c.716 §76]
Section 62.175 - Capital stock; membership stock.
Section 62.180 [Repealed by 1957 c.716 §76]
Section 62.185 - Certificates of stock; contents.
Section 62.190 [Repealed by 1957 c.716 §76]
Section 62.195 - Voting by shareholders.
Section 62.200 [Repealed by 1957 c.716 §76]
Section 62.205 - Subscription agreement for shares or agreement to pay a membership fee; default.
Section 62.210 [Repealed by 1957 c.716 §76]
Section 62.215 - Limitation of liability of members and shareholders.
Section 62.220 [Repealed by 1957 c.716 §76]
Section 62.225 - Dividends on capital stock.
Section 62.230 [Repealed by 1957 c.716 §76]
Section 62.235 - Recall, exchange or redemption of stock or other evidence of equity by cooperative.
Section 62.240 [Repealed by 1957 c.716 §76]
Section 62.245 - Missing certificates or evidence of interest in cooperative; missing records relating to redemption of interest in cooperative.
Section 62.250 [Repealed by 1957 c.716 §76]
Section 62.251 - Notice to directors, members and shareholders.
Section 62.255 - Meetings of members.
Section 62.260 [Repealed by 1957 c.716 §76]
Section 62.265 - Voting by members.
Section 62.270 [Repealed by 1957 c.716 §76]
Section 62.275 - Quorum of members.
Section 62.280 - Board of directors.
Section 62.283 - Standard of conduct for directors; permissible reliance on opinions and reports of others; limitation of liability.
Section 62.284 - Director conflict of interest.
Section 62.285 - Meetings of board of directors.
Section 62.286 - Loans to or guarantees for directors.
Section 62.287 - Directors’ meeting by conference telephone or similar communications equipment.
Section 62.290 - Executive committee.
Section 62.295 - Officers.
Section 62.300 - Compensation and benefits to directors, officers and employees.
Section 62.305 - Taking action without meeting; effective date of action.
Section 62.310 [Repealed by 1957 c.716 §76]
Section 62.315 - Waiver of notice.
Section 62.320 [Repealed by 1957 c.716 §76]
Section 62.325 - Voting requirements of articles.
Section 62.330 [Repealed by 1957 c.716 §76]
Section 62.335 - Action brought in right of cooperative by member or shareholder; attorney fees.
Section 62.355 - Cooperative contracts.
Section 62.360 - Recording cooperative contracts.
Section 62.365 - Relief against breach or threatened breach of contract; penalty for interference.
Section 62.370 - Civil action for inducing breach of contract with cooperative or spreading false reports about cooperative.
Section 62.410 [Repealed by 1957 c.716 §76]
Section 62.415 - Apportionment and distribution of net proceeds or savings or net losses.
Section 62.420 [Repealed by 1957 c.716 §76]
Section 62.425 - Unclaimed distribution, redemptions or payments.
Section 62.430 - Payments in name of deceased owner of capital credits or retains in cooperative.
Section 62.435 - Sale or other disposition of entire assets.
Section 62.440 - Books and records; attorney fees.
Section 62.455 - Annual report; form; effect of error; update of information.
Section 62.460 [1981 c.542 §6; repealed by 1995 c.195 §46]

INDEMNIFICATION OF DIRECTORS

Section 62.462 - Definitions for ORS 62.462 to 62.482.
Section 62.464 - Authority to indemnify director; report to members.
Section 62.465 [1981 c.542 §7; repealed by 1995 c.195 §46]
Section 62.466 - Mandatory indemnification of director.
Section 62.468 - Advance for expenses.
Section 62.470 [1981 c.542 §8; repealed by 1995 c.195 §46]
Section 62.472 - Court-ordered indemnification.
Section 62.474 - Determination and authorization of indemnification.
Section 62.475 [1981 c.542 §9; repealed by 1995 c.195 §46]
Section 62.476 - Indemnification of officers, employees and agents.
Section 62.478 - Insurance.
Section 62.480 [1981 c.542 §10; repealed by 1995 c.195 §46]
Section 62.482 - Application of ORS 62.462 to 62.482.
Section 62.505 [1957 c.716 §5; 1963 c.492 §44; 1975 c.161 §2; 1981 c.633 §62; 1985 c.728 §67; repealed by 1987 c.94 §174]
Section 62.510 [1957 c.716 §6; 1963 c.492 §45; 1983 c.717 §26; 1985 c.728 §68; 1987 c.94 §83; repealed by 1995 c.195 §46]

FORMATION OF COOPERATIVES

AMENDMENT OF ARTICLES

CONVERSIONS AND MERGERS

Section 62.605 - Definitions for ORS 62.605 to 62.623.
Section 62.607 - Conversion.
Section 62.609 - Action on plan of conversion.
Section 62.610 [1957 c.716 §43; 1963 c.156 §3; 1995 c.195 §39; repealed by 1999 c.362 §67]
Section 62.611 - Articles and plan of conversion.
Section 62.613 - Effect of conversion; entity existence continues.
Section 62.615
Section 62.617 - Merger; plan of merger.
Section 62.619 - Action on plan of merger.
Section 62.620
Section 62.621 - Articles and plan of merger.
Section 62.623 - Effect of merger.
Section 62.625 [1957 c.716 §46; 1987 c.94 §88; 1995 c.195 §42; repealed by 1999 c.362 §67]
Section 62.635 [1957 c.716 §47; 1983 c.95 §1; 1987 c.94 §89; repealed by 1999 c.362 §67]

DISSOLUTION

Section 62.655 - Voluntary dissolution by act of cooperative.
Section 62.660 [1957 c.716 §50; repealed by 1965 c.631 §27]
Section 62.665 - Procedure for dissolution.
Section 62.670 - Revocation of voluntary dissolution.
Section 62.675 - Effect of revocation of voluntary dissolution proceedings.
Section 62.680 - Articles of dissolution.
Section 62.685 - Effect of filing articles of dissolution.
Section 62.690 - Administrative dissolution.
Section 62.695 - Jurisdiction of court to dissolve cooperative and liquidate assets and business of cooperative.
Section 62.700 [1957 c.716 §58; 1987 c.94 §94; repealed by 1995 c.195 §46]
Section 62.702 - Procedure for dissolution of cooperative by court.
Section 62.704 - Judgment of dissolution issued by court.
Section 62.705 [1957 c.716 §59; repealed by 1974 c.2 §5]
Section 62.708 - Effect of dissolution.
Section 62.710 [1957 c.716 §60; 1987 c.94 §95; 1991 c.883 §17; repealed by 1995 c.195 §46]
Section 62.712 - Disposition of known claims against dissolved cooperative.
Section 62.714 - Notice of dissolution; presentation of claims against cooperative.
Section 62.720 - Presumption of abandonment; procedure for agriculture cooperatives and others.

FOREIGN COOPERATIVES

EMPLOYEE COOPERATIVES

MANUFACTURED DWELLING PARK COOPERATIVES

Section 62.800 - Short title; purpose; resolution of conflicts.
Section 62.803 - Definitions for ORS 62.800 to 62.815.
Section 62.805 [1957 c.716 §62; 1963 c.492 §47; 1981 c.633 §67; 1985 c.351 §15; 1985 c.728 §74; repealed by 1987 c.94 §174]
Section 62.806 - Election as nonprofit cooperative.
Section 62.809 - Requirements for membership in cooperative; acceptance and entitlements of member; membership after sale of dwelling.
Section 62.810 [1957 c.716 §64; 1965 c.631 §26; 1985 c.351 §16; repealed by 1987 c.94 §174]
Section 62.811 - Recordation of cooperative documents.
Section 62.812 - Distribution of cooperative assets upon dissolution.
Section 62.813 - Lienholder’s rights; rights and obligations on transfer of title; storage agreements.
Section 62.815 - Prohibited actions.

MISCELLANEOUS PROVISIONS

Section 62.825 - Powers of Secretary of State.
Section 62.830 [1957 c.716 §66; repealed by 1987 c.94 §174]
Section 62.835 [1957 c.716 §67; repealed by 1981 c.633 §83]
Section 62.840 [1957 c.716 §68; 1983 c.717 §26a; repealed by 1987 c.94 §174]
Section 62.845
Section 62.847
Section 62.848
Section 62.849
Section 62.850 - Use of term "cooperative."
Section 62.855 - Application of chapter.
Section 62.860 - Effect of amendment or repeal of Oregon Cooperative Corporation Act.
Section 62.865 - Effect of repeal of prior statutes.
Section 62.870 - Notice to members of agricultural cooperative; date; contents; effect of failure to send notice.
Section 62.990 [Repealed by 1957 c.716 §76]

PENALTY

Section 62.992 - Penalty for signing false document.

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2019 Oregon Revised StatutesVolume : 02 - Business Organizations, Commercial CodeChapter 062 - Cooperatives

2019 Oregon Revised Statutes
Volume : 02 - Business Organizations, Commercial Code
Chapter 062 - Cooperatives