Oregon Code § 62.290·Enacted ·Last updated March 01, 2026
Statute Text
Executive committee.
(1) If the bylaws so provide, the board may elect an executive committee to
consist of three or more directors, which committee to the extent provided in
the bylaws of the cooperative shall have and may exercise all the authority of
the board in the management of the cooperative, except in respect to:
(a) Apportionment
or distribution of net proceeds, savings or losses.
(b) Selection of
officers.
(c) Filling of
vacancies in the board or the executive committee.
(2) The board may
elect other directors as alternates for members of the executive committee.
(3) Designation
of an executive committee and the delegation thereto of authority shall not
operate to relieve the board or any member thereof of any responsibility
imposed upon the board or member by law. [1957 c.716 §25]
Plain English Explanation
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 62.290
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Executive committee. Read the full statute text above for details.
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