Oregon Code § 748.121·Enacted ·Last updated March 01, 2026
Statute Text
Purposes, operation and powers.
(1) The purposes of a society, as specified in subsection (2) of this section,
may be carried out directly by the society, or indirectly through subsidiary
corporations or affiliated organizations.
(2) A society
shall operate for the benefit of members and their beneficiaries by:
(a) Providing
benefits as specified in ORS 748.201; and
(b) Operating for
one or more social, intellectual, educational, charitable, benevolent, moral,
fraternal, patriotic or religious purposes for the benefit of its members,
which may also be extended to others.
(3) Every society
shall have the power to adopt laws and rules for the government of the society,
the admission of its members and the management of its affairs. It shall have
the power to change, alter, add to or amend such laws and rules and shall have
such other powers as are necessary and incidental to carrying into effect the
objects and purposes of the society. [1987 c.490 §6]
Plain English Explanation
This Oregon statute addresses Purposes, operation and powers. AI-powered analysis coming soon.
Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 748.121
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
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The formal citation is Oregon Code § 748.121. Use this format in legal documents and court filings.
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