Oregon Statutes

§ 62.466 — Mandatory indemnification of director

Oregon § 62.466
JurisdictionOregon
Vol.2
Title 7Corporations and Partnerships
Ch. 62Cooperatives

This text of Oregon § 62.466 (Mandatory indemnification of director) 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. § 62.466 (2026).

Text

Unless limited by its articles of incorporation, a cooperative shall indemnify a director who was wholly successful, on the merits or otherwise, in the defense of any proceeding to which the director was a party because of being a director of the cooperative against reasonable expenses incurred by the director in connection with the proceeding.

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Legislative History

1995 c.195 §17

Nearby Sections

15
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Bluebook (online)
Oregon § 62.466, Counsel Stack Legal Research, https://law.counselstack.com/statute/or/62.466.