Section 550.NEW - [Newly enacted section not yet numbered](1) Following dissolution under ORS of a district or corporation, the members of the initial district board appointed under ORS 550.190 (1)(i), (j) or (k) by the board of supervisors of the dissolved drainage district, or under ORS 550.190 (1)(L) by the board of directors of the dissolved corporation, shall continue to serve on the initial district board until the initial district board is replaced by the board of directors.(2) If one or more of these initial district board positions becomes vacant before the members of the board of directors take office, the initial district board shall appoint a replacement director who resides or owns property, or represents the owner of property, within the boundaries of the respective dissolved district or corporation.Added by 2024 Ch. 49,§ 9, eff. 6/6/2024.