GroundRules
ORS 62.225: Dividends on capital stock.
Where this section sits in the code
- 02 - Business Organizations, Commercial Code
- 7. Corporations and Partnerships
- Chapter 62 — Cooperatives
A cooperative organized with capital stock may pay a dividend upon capital stock as is authorized by its articles. A payment under this section shall not be made if the result of the payment would be to bring the value of the cooperative’s remaining assets below the aggregate of the cooperative’s indebtedness.
Collected 2026-09-03T23:50:10Z. Source file · JSON