Oregon Statutes 97.670 – Selling land unsuited for burials
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If in the board of directors’ opinion, any portion of the lands of a nonprofit corporation organized and existing solely for the purposes of either owning or operating a cemetery or the cremation or reduction of bodies of deceased persons and the burial and care of cremated or reduced remains is unsuitable for burial purposes or other purposes of the corporation, the board of directors may sell such portion and apply the proceeds to the general purposes of such corporation in the same proportion and manner as provided by ORS § 97.660 to 97.680. [Formerly 65.865; 2021 c.296 § 14]
Terms Used In Oregon Statutes 97.670
- 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.
See note under 97.660.