Definitions for ORS 62.765 to 62.792. As used in ORS 62.765 to 62.792, unless the context requires otherwise

(1) “Employee cooperative” means a corporation which has elected to be governed by the provisions of ORS 62.765 to 62.792.

(2) “Member” means a natural person who has been accepted for membership in, and owns a membership share issued by an employee cooperative. [1987 c.677 §12]