Oregon Administrative Rules
Chapter 812 - CONSTRUCTION CONTRACTORS BOARD
Division 2 - DEFINITIONS
Section 812-002-0533 - Officer

Universal Citation: OR Admin Rules 812-002-0533

Current through Register Vol. 64, No. 3, March 1, 2025

(1) "Officer", as used in ORS Chapter 701 and these rules means:

(a) A person described as an "officer" in ORS 701.005;

(b) A partner in a partnership, or limited liability partnership;

(c) A responsible managing individual described in ORS 701.091; or

(d) A person who has a financial interest in a business and manages or shares in the management of the business; or

(2) "Officer", as used in ORS Chapter 701 and these rules, includes an individual who has a financial interest in another business and who is an officer of that other business if that other business owns more than fifty percent of the particular business.

Stat. Auth.: ORS 670.310 & 701.235

Stats. Implemented: ORS 701.091

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