Oregon Statutes 87.750 – Definitions for ORS 87.750 to 87.777
As used in ORS § 87.750 to 87.777, unless the context otherwise requires:
Terms Used In Oregon Statutes 87.750
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
- Person: includes individuals, corporations, associations, firms, partnerships, limited liability companies and joint stock companies. See Oregon Statutes 174.100
(1) ‘Agricultural producer’ means a person that engages in or has engaged in the business of growing or producing grain for market or for delivery or transfer to others owning or holding title to the grain. ‘Agricultural producer’ includes a landowner, producer, landlord, tenant, sharecropper or other person who participates in the growing of grain and receives a share of the grain.
(2) ‘Grain’ means wheat, seed corn, corn used for animal feed, oats, barley, rye, flaxseed, certified alfalfa seed, agricultural seed as defined in ORS § 633.511 (1), vegetable seed as defined in ORS § 633.511, the seed of any cereal grain, soybeans, grain sorghum, dry beans and dry peas and any other grain for which standards are established or followed by the State Department of Agriculture.
(3) ‘Inventory’ means all grain purchased or received from agricultural producers, whether in bulk lots or in blended or packaged form. ‘Inventory’ does not include the equipment or supplies of the person holding or owning the grain.
(4) ‘Person’ means individual, corporation, partnership, association, joint stock company, business trust, limited liability company, limited liability partnership, cooperative, government entity, unincorporated organization or other business entity. [1981 c.446 § 2; 1983 c.141 § 1; 1995 c.371 § 10; 2001 c.301 § 17]