No municipal corporation, as defined in ORS § 297.405, incorporated or formed in this state after October 3, 1979, shall receive or disburse moneys or transact business of any kind until a notice of incorporation or formation has been filed with the Secretary of State by that corporation. [1979 c.621 § 7]

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Terms Used In Oregon Statutes 198.782

  • 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.

 

198.782 was enacted into law by the Legislative Assembly but was not added to or made a part of ORS Chapter 198 or any series therein by legislative action. See Preface to Oregon Revised Statutes for further explanation.

 

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