§ 63.002

Unless the context otherwise requires, throughout Oregon Revised Statutes:\n(1) Wherever the term 'person' is defined to include both a corporation and a partnership, the term 'person' shall also include a limited liability company.\n(2) Wherever a section of Oregon Revised Statutes applies to both 'partners' and 'directors,' the section shall also apply:\n(a) In a limited liability company with one or more managers, to the managers of the limited liability company.\n(b) In a limited liability company without managers, to the members of the limited liability company.\n(3) Wherever a section of Oregon Revised Statutes applies to both 'partners' and 'shareholders,' the section shall also apply to members of a limited liability company. [1995 c.93 §25]