Oregon Revised Statutes Chapter 128 § 128.597 — Inactivation of business trust
Oregon Revised Statutes Chapter 128 ·
Oregon Code § 128.597·Enacted ·Last updated March 01, 2026
Statute Text
Inactivation of business trust.
The Secretary of State may commence a proceeding to inactivate the trust
instrument of a business trust if:
(1) The business
trust does not pay when due any fees imposed by ORS 128.560 to 128.600;
(2) The business
trust does not deliver its annual report to the Secretary of State when due;
(3) The business
trust is without a registered agent or registered office in this state;
(4) The business
trust does not notify the Secretary of State that its registered agent or
registered office has been changed, that its registered agent has resigned or
that its registered office has been discontinued; or
(5) The business
trusts period of duration stated in the trust instrument expires. [1995 c.215 §27]
Plain English Explanation
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 128.597
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
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