Oregon Statutes - Chapter 62 - Cooperatives - Section 62.765 - Definitions for ORS 62.765 to 62.792.

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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Last modified: August 7, 2008