Oregon Code § 60.651·Enacted ·Last updated March 01, 2026
Statute Text
Procedure; effect of administrative dissolution.
(1) If the Secretary of State
determines that one or more grounds exist under ORS 60.647 for dissolving a
corporation, the Secretary of State shall give the corporation written notice
of the determination.
(2) If the
corporation does not correct each ground for dissolution or demonstrate to the
reasonable satisfaction of the Secretary of State, within 45 days after notice
is given, that each of the grounds that the Secretary of State has determined
to be a ground for the dissolution does not exist, the Secretary of State shall
dissolve the corporation.
(3) A corporation
administratively dissolved continues the corporations corporate existence but
may not carry on any activities except activities that are necessary or
appropriate to wind up and liquidate the corporations business and affairs
under ORS 60.637, and notify claimants under ORS 60.641 and 60.644.
(4) The
administrative dissolution of a corporation does not terminate the authority of
the corporations registered agent. [1987 c.52 §147; 1987 c.579 §6; 1993 c.190 §2;
2013 c.159 §3]
Plain English Explanation
This Oregon statute addresses Procedure; effect of administrative dissolution. AI-powered analysis coming soon.
Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 60.651
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
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