SB 523 Oregon Senate · 2017 Regular Session

Relating to fiduciary duties owed to cooperatives.

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.
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2017
Committee Review
Floor Vote
Governor
Introduced Jan 9, 2017 Last action Jul 8, 2017
Floor votes

How they voted

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Full legislative history

Actions timeline

Total actions
3
Key actions
0
Committee
2
Jul 8, 2017
Legislature · Reported by committee
In committee upon adjournment.
Jan 17, 2017
Legislature · Referred to committee
Referred to Judiciary.
Jan 9, 2017
Legislature · Introduced
Introduction and first reading. Referred to President's desk.
0 primary · 0 co-sponsors

Sponsors

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