(1) As used in this section, "business entity" has the meaning given that term in ORS 62.605 (Definitions for ORS 62.605 to 62.623).
(2) A manufactured dwelling park nonprofit cooperative may not:
(a) Notwithstanding ORS 62.225 (Dividends on capital stock), pay a dividend on stock to members.
(b) Apportion, distribute or pay net proceeds or savings to members.
(c) Make payments in redemption or refund of capital credits or retains to an heir of a member.
(d) Merge with a business entity other than another manufactured dwelling park nonprofit cooperative.
(e) Convert to another type of business entity. [2007 c.607 §7]
3 OregonLaws.org assembles these lists by analyzing references between Sections. Each listed item refers back to the current Section in its own text. The result reveals relationships in the code that may not have otherwise been apparent. Currency Information