OR SB523 | 2017 | Regular Session
Status
Completed Legislative Action
Spectrum: Unknown
Status: Failed on July 7 2017 - 100% progression
Action: 2017-07-07 - In committee upon adjournment.
Text: Latest bill text (Introduced) [PDF]
Spectrum: Unknown
Status: Failed on July 7 2017 - 100% progression
Action: 2017-07-07 - In committee upon adjournment.
Text: Latest bill text (Introduced) [PDF]
Summary
Specifies that directors and officers of cooperative have fiduciary duty to cooperative. Permits Attorney General to investigate complaint and bring action to remedy breach of director's or officer's fiduciary duty. Permits member of cooperative to bring action to remedy breach of director's or officer's fiduciary duty.
Title
Relating to fiduciary duties owed to cooperatives.
Sponsors
| No sponsor information available at this time. |
History
| Date | Chamber | Action |
|---|---|---|
| 2017-07-07 | Senate | In committee upon adjournment. |
| 2017-01-17 | Senate | Referred to Judiciary. |
| 2017-01-09 | Senate | Introduction and first reading. Referred to President's desk. |
Oregon State Sources
| Type | Source |
|---|---|
| Summary | https://olis.oregonlegislature.gov/liz/2017R1/Measures/Overview/SB523 |
| Text | https://olis.oregonlegislature.gov/liz/2017R1/Downloads/MeasureDocument/SB523/Introduced |
