(1) Any corporation organized under this chapter may elect to be governed as an employee cooperative under the provisions of ORS 62.765 to 62.792, by so stating in its articles of incorporation or amendments thereto filed in accordance with this chapter.
(2) A corporation so electing shall be governed by all provisions of this chapter, except as otherwise provided in ORS 62.765 to 62.792.
(3) An employee cooperative may include the word “cooperative” or “co-op” in its corporate name. [1987 c.677 §§13,15]
Section: Previous 62.710 62.712 62.714 62.720 62.755 62.760 62.765 62.768 62.771 62.774 62.777 62.780 62.783 62.786 62.789 NextLast modified: August 7, 2008