ORS 62.765: Definitions for ORS 62.765 to 62.792.

As used in ORS 62.765 to 62.792, unless the context requires otherwise:

      (1) “Employee cooperative” means a corporation which has elected to be governed by the provisions of ORS 62.765 to 62.792.

      (2) “Member” means a natural person who has been accepted for membership in, and owns a membership share issued by an employee cooperative.