Chapter 777 — Chapter 777
241 sections in this chapter.
ORS 777.645 [1987 c.607 §13; renumbered 285.833 in 1991]
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[Repealed or reserved.]
ORS 777.650 [1987 c.607 §14; renumbered 285.835 in 1991]
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[Repealed or reserved.]
ORS 777.655 [1987 c.607 §15; renumbered 285.837 in 1991]
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[Repealed or reserved.]
ORS 777.660 [1987 c.607 §16; renumbered 285.840 in 1991]
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[Repealed or reserved.]
ORS 777.665 [1987 c.607 §21; renumbered 285.843 in 1991]
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(Establishment of Water Transportation Lines)
ORS 777.705 Definitions for ORS 777.705 to 777.725. As used in ORS 777.705 to 777.725, “bonus” or “bonuses” includes payment of funds for
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(1) Chartering vessels; (2) Guaranteeing to vessels, transportation lines, companies or persons, cargo and tonnage, and guaranteeing to vessels, transportation lines, companies or persons against loss on account of delay in the Columbia River or Willamette River or at the Columbi…
ORS 777.710 Payment of bonus explained. The payment of a bonus authorized by ORS 777.715 and 777.720 includes the payment of sums necessary to make good the guarantee described by ORS 777.705. [Amended by 1971 c.728 §98]
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[Repealed or reserved.]
ORS 777.715 Ports may pay bonuses in aid of water transportation and may charter vessels. (1) By the payment of bonuses to a person engaged or preparing to engage in the operation of water transportation lines, a port may
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(a) Aid in establishing water transportation lines between the port and any other domestic or foreign port or ports; and (b) Aid in establishing water transportation lines on the interior rivers of this state, on the rivers between Washington and Oregon, or on the rivers of Washi…
ORS 777.720 Discretion of board in making payment; contracts. A board may expend the money raised as authorized by ORS 777.725 in the form of a bonus or bonuses payable to the persons described by ORS 777.715. The money shall be expended in the manner and at such times as the board determines will result in the greatest benefit and advantage to the port and will best aid the establishment and continued operation of the water transportation lines. The board may contract as may be necessary to carry into effect the purposes of ORS 777.725. [Amended by 1971 c.728 §100]
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[Repealed or reserved.]
ORS 777.725 Borrowing money to pay bonus; bond issues, amount, terms, interest, signature, approval by electors, name of bonds, sale. (1) For the purpose of ORS 777.705 to 777.725 and 777.915 to 777.953, a port may borrow money and sell and dispose of bonds. The bonds shall not, singly or in the aggregate, with previous debts and liabilities incurred and outstanding for such purposes, exceed one-fourth of one percent (0.0025) of the real market value of all taxable property within the port. The bonds shall be issued from time to time as the board may determine, and shall be of such denominations, run for such period of years and for such rate of interest as the board determines
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(2) Bonds shall not be issued unless authorized by the majority of the electors voting upon the question at an election called for that purpose. (3) Every issue of bonds shall be in serial form so as to mature in numerical order in equal installments annually on and after five ye…
ORS 777.727 [1985 c.775 §1; renumbered 285.850 in 1991]
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[Repealed or reserved.]
ORS 777.729 [1985 c.775 §2; renumbered 285.853 in 1991]
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[Repealed or reserved.]
ORS 777.732 [1985 c.775 §§3,6; 1987 c.607 §18; renumbered 285.857 in 1991]
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[Repealed or reserved.]
ORS 777.735 [Repealed by 1971 c.647 §149 and by 1971 c.728 §138]
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[Repealed or reserved.]
ORS 777.736 [1985 c.775 §5; renumbered 285.860 in 1991]
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[Repealed or reserved.]
ORS 777.738 [1985 c.775 §7; renumbered 285.863 in 1991]
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[Repealed or reserved.]
ORS 777.740 [Amended by 1971 c.647 §143; repealed by 1971 c.728 §138]
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[Repealed or reserved.]
ORS 777.745 [Repealed by 1971 c.728 §138]
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[Repealed or reserved.]
ORS 777.750 [Repealed by 1971 c.728 §138]
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EXPORT TRADING CORPORATIONS
ORS 777.755 Legislative findings and policy. The Legislative Assembly hereby finds that
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(1) The geographical location of this state, its maritime resources, its skilled labor force and the availability of land for industrial and commercial development provide an opportunity for the citizens of this state to expand participation in and increase the benefits from inte…
ORS 777.760 Definitions for ORS 777.755 to 777.800. As used in ORS 777.755 to 777.800, unless the context requires otherwise
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(1) “Board” means the board of directors of an export trading corporation. (2) “Commissioner” means a member of the board of commissioners of a port. (3) “Commissioners of the port” means the board of commissioners of the port which formed the export trading corporation. (4) “Exp…
ORS 777.763 Export trading corporation; formation by port; hearing; dissolution of corporation. (1) Any port may form an export trading corporation. Proceedings to form an export trading corporation shall be initiated by a resolution adopted by the commissioners of the port proposing the formation of an export trading corporation and fixing a time and place for a public hearing on the resolution. The hearing shall be held not less than 30 days after adoption of the resolution
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(2) Notice of the public hearing shall be published in one or more newspapers of general circulation within the port not less than 15 days prior to the date fixed for the public hearing. (3) Any person may appear at the public hearing and present oral or written statements for or…
ORS 777.765 Powers of export trading corporation. An export trading corporation shall constitute a municipal corporation of this state and a public body, corporate and politic, exercising public power. No part of the net earnings of an export trading corporation shall accrue to the benefit of a private person. An export trading corporation may
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(1) Develop, manage and operate export trading projects. (2) Conduct market research, advertising and marketing, within and outside the boundaries of this state. (3) Purchase or otherwise acquire, finance, hold, maintain, sell, lease or otherwise dispose of goods or services of e…
ORS 777.767 Authorized agreements. (1) An export trading corporation may enter into agreements which provide for the establishment of prices or rates, or which require a party to the agreement to sell, lease or purchase a commodity or service solely to or from the export trading corporation or to the persons designated in the agreement, when such agreements are entered into pursuant to export trade activities specified in a certificate issued to the corporation under 15 U.S.C. 4001 to 4021. This subsection is not intended to confer any immunity from federal antitrust laws beyond the immunity conferred by a certificate issued under 15 U.S.C. 4001 to 4021
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(2) When entering into agreements containing the provisions described in subsection (1) of this section, the export trading corporation shall be deemed to be performing a governmental function essential for the benefit of the people of this state and the development and diversifi…
ORS 777.770 Additional fiscal powers of export trading corporation. For the purpose of carrying into effect all or any of its powers, an export trading corporation may
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(1) Borrow money, evidence such borrowing with its promissory notes or other obligations of indebtedness, and pledge in whole or in part any of its assets or revenues not subject to prior liens or pledges. (2) Issue and sell revenue bonds in the manner and upon the terms and cond…
ORS 777.773 Status of obligations of export trading corporation; prohibited investments. (1) An obligation of an export trading corporation, whether arising from the sale of revenue bonds or otherwise, shall not in any manner be a general obligation of the port, nor a charge upon any revenues or property of the port
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(2) An export trading corporation shall not acquire stock or other equity interest in any private corporation organized for profit. [1983 c.200 §12]
ORS 777.775 Status of export trading corporation; application of certain laws. (1) An export trading corporation is not a contracting agency for the purposes of ORS 279A.055, 279A.065, 279A.070, 279A.075, 279A.100, 279A.105, 279A.120, 279C.005, 279C.100 to 279C.125, 279C.300 to 279C.470 and 279C.570 and ORS chapter 279B, except ORS 279B.025, 279B.235, 279B.240, 279B.270, 279B.275 and 279B.280
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(2) An export trading corporation is not a public employer for the purposes of ORS chapters 238 and 238A. [1983 c.200 §16; 2003 c.733 §81; 2003 c.794 §331]
ORS 777.780 Board of directors; election; term; compensation; board officers. (1) The board of directors of the export trading corporation shall consist of three members. Only commissioners of the port shall be eligible to serve as members of the board of directors. The board of directors shall be elected by majority vote of the commissioners of the port
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(2) The initial board of directors shall consist of one director elected for a one-year term, one director elected for a two-year term and one director elected for a three-year term. Following election of the initial board, the term of office of a director is three years. A direc…
ORS 777.783 Board meetings; rules; quorum. (1) The board may hold regular meetings at the time and place fixed by the rules of the board. A majority of the members of the board constitutes a quorum for the transaction of business
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(2) Special meetings may be held when called by the president of the board or by a majority of the members of the board in the manner prescribed by the rules of the board. [1983 c.200 §5]
ORS 777.785 Meetings of board to be open to public; executive sessions. (1) Except as provided in subsection (2) of this section, all meetings of the board shall be open to the public and all persons shall be permitted to attend any meeting
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(2) In addition to matters which may be considered in executive session under ORS 192.660, the board may also meet in executive session to: (a) Consider preliminary negotiations for an export trading project involving financial or commercial information which the board in good fa…
ORS 777.787 Chief executive officer of export trading corporation; appointment; removal. (1) The board may appoint a chief executive officer who shall be responsible for the administration of the business affairs of an export trading corporation. The chief executive officer shall perform such duties as the board may prescribe
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(2) The chief executive officer shall hold office for an indefinite term and may be removed from office only by the affirmative vote of a majority of the board. Removal of a chief executive officer may be reconsidered by the board but is otherwise final and not subject to appeal.…
ORS 777.790 Employees of export trading corporation. (1) An export trading corporation may employ such persons within or outside the boundaries of this state as necessary or convenient to accomplish its purposes. In addition, an export trading corporation may appoint such agents, brokers or representatives, within or outside the boundaries of this state, as necessary or convenient to accomplish its purposes
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(2) The chief executive officer of an export trading corporation may employ, appoint, discipline or remove all employees, agents, brokers and representatives of an export trading corporation, and fix the compensation to be paid to such persons. [1983 c.200 §8]
ORS 777.793 Disclosure of commercial or financial information prohibited; exception. (1) Except as provided in subsection (2) of this section, no officer, agent or employee of an export trading corporation shall disclose commercial or financial information concerning an export trading project
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(2) Commercial or financial information may be disclosed: (a) In a judicial proceeding when disclosure is ordered by a court of competent jurisdiction; (b) With the consent of the persons whose interests are affected by disclosure; (c) By an officer, agent or employee of an expor…
ORS 777.795 Right to inspect records of export trading corporation; certain records exempt from disclosure. (1) Except as provided in subsection (2) of this section, the written records of an export trading corporation shall be public records available for inspection under ORS 192.311 to 192.478
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(2) In addition to the exemptions set forth in ORS 192.338, 192.345 and 192.355, the following public records of an export trading corporation are exempt from disclosure: (a) Information consisting of financial, commercial, sales, production, cost or similar business records of a…
ORS 777.800 Annual report. An export trading corporation shall report annually to the port on the operations of the export trading corporation. A copy of the report shall be filed by the export trading corporation with the Secretary of State. [1983 c.200 §15]
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[Repealed or reserved.]
ORS 777.805 [1969 c.599 §39; 1973 c.249 §78; 1975 c.371 §1; 1985 c.565 §120; 1989 c.908 §65; renumbered 285.805 in 1991]
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[Repealed or reserved.]
ORS 777.810 [1969 c.599 §40; 1973 c.249 §79; 1975 c.371 §3; 1985 c.565 §121; renumbered 285.807 in 1991]
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[Repealed or reserved.]
ORS 777.815 [1969 c.599 §42; 1969 c.599 §42a; repealed by 1973 c.249 §91]
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[Repealed or reserved.]
ORS 777.817 [1987 c.607 §17; 1991 c.651 §22; renumbered 285.810 in 1991]
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[Repealed or reserved.]
ORS 777.820 [1969 c.599 §43; repealed by 1973 c.249 §91]
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[Repealed or reserved.]
ORS 777.825 [1969 c.599 §44; repealed by 1973 c.249 §91]
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[Repealed or reserved.]
ORS 777.830 [1969 c.599 §45; 1973 c.249 §80; renumbered 285.813 in 1991]
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[Repealed or reserved.]
ORS 777.835 [1969 c.599 §46; 1973 c.249 §81; 1975 c.371 §4; renumbered 285.815 in 1991]
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[Repealed or reserved.]
ORS 777.840 [1969 c.599 §47; renumbered 285.817 in 1991]
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[Repealed or reserved.]
ORS 777.845 [1969 c.599 §48; 1973 c.249 §82; renumbered 285.820 in 1991]
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[Repealed or reserved.]
ORS 777.850 [1977 c.838 §3; 1985 c.565 §122; 1985 c.773 §3; 1989 c.908 §66; 1991 c.483 §1; renumbered 285.870 in 1991]
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[Repealed or reserved.]
ORS 777.852 [1977 c.838 §4; 1989 c.908 §67; renumbered 285.873 in 1991]
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[Repealed or reserved.]
ORS 777.854 [1977 c.838 §5; 1989 c.908 §68; renumbered 285.875 in 1991]
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[Repealed or reserved.]
ORS 777.856 [1977 c.838 §6; renumbered 285.880 in 1991]
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[Repealed or reserved.]
ORS 777.858 [1977 c.838 §7; 1979 c.182 §11; 1979 c.800 §1; 1989 c.645 §1; 1989 c.908 §69; renumbered 285.883 in 1991]
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[Repealed or reserved.]