Oregon Statutes 733.530 – Corporation, sovereign, political subdivision defined
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As used in ORS § 733.510 to 733.780:
Terms Used In Oregon Statutes 733.530
- City: includes any incorporated village or town. See Oregon Statutes 174.100
- 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.
- United States: includes territories, outlying possessions and the District of Columbia. See Oregon Statutes 174.100
(1) ‘Corporation’ means a corporation, joint stock association or business trust organized and existing under the laws of a sovereign.
(2) ‘Sovereign’ means the United States, or a state, or Canada or a province thereof.
(3) ‘Political subdivision’ means an incorporated county, city, town, village, municipality, or subdivision thereof, or a public corporation, district, agency, commission, authority or instrumentality, or subdivision thereof. [1967 c.359 § 231]