750.025 Restricting distribution of income

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OR Code › Title 56 › Chapter 750 › Section 750.025

This text was captured on Aug 14, 2026. It is a snapshot, not a live feed, so check the official code before relying on it.

Text

(1) A health care service contractor which is a not-for-profit corporation, shall not distribute, upon liquidation or otherwise, any part of its income to its members, directors, trustees or officers except for the reasonable value of services rendered such contractor.

(2) An organization that does not meet the definition of health maintenance organization in ORS 750.005 (Definitions) shall not hold itself out to the public to be a health maintenance organization. [Formerly 742.025; 1985 c.747 §66]

Source: Section 750.025 — Restricting distribution of income; representation as health maintenance organization , https://www.oregonlegislature.gov/bills_laws/ors/ors750.html (accessed May 26, 2025).

This is a copy of a public record, reproduced as it was published. It is not legal advice, and it may not be the version a court would rely on. Check the official source before you cite it.