Oregon Statutes 708A.130 – Definition for ORS 708A.135 to 708A.145
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As used in ORS § 708A.135 to 708A.145, unless the context requires otherwise, ‘invest’ includes any advance of funds to a bank service corporation, whether by the purchase of stock, the making of a loan or otherwise, but does not include a payment for rent earned, goods sold and delivered or services rendered prior to the making of the payment. [1997 c.631 § 121]
Terms Used In Oregon Statutes 708A.130
- 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.