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Oregon Revised Statutes Shipping and Navigation § 777.050

Current as of January 01, 2023 | Updated by Findlaw Staff

From the date of the formation order, the port specified in the order shall:

(1) Have perpetual succession.

(2) Have, and may exercise and carry out, the corporate powers and objects declared by ORS 777.005 to 777.725 and 777.915 to 777.953.

(3) Make all contracts, hold, receive and dispose of real and personal property, and do all other acts and things which may be requisite, necessary or convenient in carrying out the objects of the corporation or exercising the powers conferred upon it.

(4) Sue and be sued, plead and be impleaded in all actions, suits or proceedings brought by or against it.

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Cite this article: FindLaw.com - Oregon Revised Statutes Shipping and Navigation § 777.050 - last updated January 01, 2023 | https://codes.findlaw.com/or/title-58-shipping-and-navigation/or-rev-st-sect-777-050/

FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.

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