HB 2843

  • Oregon House Bill
  • 2023 Regular Session
  • Introduced in House Jan 09, 2023
  • House
  • Senate
  • Governor

Relating to a cooperative member's ability to rescind a contract with the cooperative under certain circumstances; prescribing an effective date.

Abstract

Permits member of cooperative to rescind contract with cooperative if member relies on information about financial condition of cooperative that cooperative, or director or officer of cooperative, provides and member later discovers that cooperative, or director or officer of cooperative, concealed material information, provided inaccurate, misleading or false information or otherwise acted to deceive member. Provides that member's execution of contract creates rebuttable presumption that member relied on information that cooperative, director or officer provided. Takes effect on 91st day following adjournment sine die.

Bill Sponsors (1)

Votes


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Actions


Jun 25, 2023

House

In committee upon adjournment.

Jan 16, 2023

House

Referred to Business and Labor.

Jan 09, 2023

House

First reading. Referred to Speaker's desk.

Bill Text

Bill Text Versions Format
Introduced PDF

Related Documents

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Sources

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