Oregon § 62.145 Membership

Oregon Statutes

§ 62.145 — Membership

Oregon § 62.145

Vol.2

Title 7Corporations and Partnerships

Ch. 62Cooperatives

This text of Oregon § 62.145 (Membership) is published on Counsel Stack Legal Research, covering Oregon primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Or. Rev. Stat. § 62.145 (2026).

Text

(1)Membership in a cooperative is conditioned on ownership of a share of membership stock or payment of a membership fee as set forth in the articles. If the articles so provide, the bylaws may authorize a procedure by which the membership fee initially stated in the articles pursuant to ORS 62.513 (1)(c) may be changed without filing amended or restated articles. The bylaws of a cooperative may authorize membership conditioned upon payment of part of the membership fee or payment for part of the membership stock subscribed for and compliance with an agreement to pay the balance.

(2)Qualifications for membership and method of acceptance of members shall be as set forth in the bylaws of the cooperative.

(3)Bylaws may provide for termination of membership and the conditions and terms ther

Free access — add to your briefcase to read the full text and ask questions with AI

(1) Membership in a cooperative is conditioned on ownership of a share of membership stock or payment of a membership fee as set forth in the articles. If the articles so provide, the bylaws may authorize a procedure by which the membership fee initially stated in the articles pursuant to ORS 62.513 (1)(c) may be changed without filing amended or restated articles. The bylaws of a cooperative may authorize membership conditioned upon payment of part of the membership fee or payment for part of the membership stock subscribed for and compliance with an agreement to pay the balance.
(2) Qualifications for membership and method of acceptance of members shall be as set forth in the bylaws of the cooperative.
(3) Bylaws may provide for termination of membership and the conditions and terms thereof.