Except as provided in the corporation’s articles of incorporation or bylaws, a corporation may admit members for no consideration or for such consideration as is determined by the board of directors.
ORS 65.134
Known as the Oregon Nonprofit Corporation Act
The act spans §§ 65–65 (202 sections).
1989 c.1010 §40; 2019 c.174 §29
Official source: Oregon State Legislature. Reproduced from public-domain Oregon statutes; confirm against the official source for the current text. Not legal advice.