Oregon Revised Statutes Chapter 60 § 60.434 — Amendment by board of directors

Amendment by board of directors. Unless the articles of incorporation provide otherwise, a corporation’s board of directors may adopt one or more amendments to the corporation’s articles of incorporation without shareholder action to: (1) Extend the duration of the corporation if it was incorporated at a time when limited duration was required by law; (2) Delete the names and addresses of the initial directors; (3) Delete the name and address of the initial registered agent or registered office, if a statement of change is on file with the office of the Secretary of State; (4) Delete the mailing address if an annual report has been filed with the office of the Secretary of State; (5) Change the corporate name by substituting the word “corporation,” “incorporated,” “company,” “limited,” or the abbreviation “corp.,” “inc.,” “co.” or “ltd.,” for a similar word or abbreviation in the name, or by adding, deleting or changing a geographical attribution for the name; (6) In the case of a corporation registered as an open-end investment company under the Investment Company Act of 1940, as amended, increase or decrease the number of shares the corporation is authorized to issue; or (7) Make any other change expressly permitted by this chapter to be made without shareholder action. [1987 c.52 §104; 1989 c.1040 §23; 1991 c.883 §8; 1997 c.249 §25]