Limited Liability Companies

ORS 63.002
Inclusion of limited liability companies and managers and members of limited liability companies in definitions


Unless the context otherwise requires, throughout Oregon Revised Statutes:

(1)

Wherever the term “person” is defined to include both a corporation and a partnership, the term “person” shall also include a limited liability company.

(2)

Wherever a section of Oregon Revised Statutes applies to both “partners” and “directors,” the section shall also apply:

(a)

In a limited liability company with one or more managers, to the managers of the limited liability company.

(b)

In a limited liability company without managers, to the members of the limited liability company.

(3)

Wherever a section of Oregon Revised Statutes applies to both “partners” and “shareholders,” the section shall also apply to members of a limited liability company. [1995 c.93 §25]
Chapter 63

Law Review Citations

30 WLR 291 (1994); 73 OLR 5, 25, 43, 133, 151 (1994)


Source

Last accessed
Jun. 26, 2021