Oregon Code § 62.755·Enacted ·Last updated March 01, 2026
Statute Text
Admission of foreign cooperatives.
A foreign cooperative which has a member or members residing in this state, and
which distributes its proceeds and savings according to either this chapter or
the law of the state where incorporated, is entitled to all rights, exemptions
and privileges of a cooperative organized under this chapter, if it is
authorized to do business in this state under ORS chapter 60. A foreign
cooperative may be authorized under ORS chapter 60 to transact business in this
state whether or not formed for profit and whether or not formed with stock. [1957
c.716 §61; 1987 c.94 §96]
Plain English Explanation
This Oregon statute addresses Admission of foreign cooperatives. AI-powered analysis coming soon.
Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 62.755
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
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