Oregon Statutes 554.530 – Application; contents; deposit; filing
The application of the landowner shall:
Terms Used In Oregon Statutes 554.530
- 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.
(1) Be in writing and certified by the applicant.
(2) State the legal description of the land the applicant wishes either included in or excluded from the corporation.
(3) Contain a brief statement of the reason for request of the inclusion or exclusion of the lands of the landowner, and if the request is to include lands, a statement that the lands will be benefited by being included in the corporation.
(4) Be accompanied by a deposit in an amount to be determined by the corporation to pay the expenses of holding a meeting of the members to consider the application, including the cost of publishing notice of the meeting. After payment of such expenses, the balance of such deposit, if any, shall be returned to the applicant by the corporation.
(5) Be filed with the officer or clerk in charge of the principal office of the corporation. [1963 c.103 § 4]