Oregon Code § 60.674·Enacted ·Last updated March 01, 2026
Statute Text
Asset
distribution; deposit with State Treasurer; claims.
Assets of a dissolved corporation
that should be distributed to a creditor, claimant or shareholder of the
corporation who cannot be found shall be reduced to cash and, within one year
after the final distribution in such liquidation or winding up is payable,
deposited with the State Treasurer. The receiver or other liquidating agent
shall prepare in duplicate and under oath a statement containing the names and
last-known addresses of the persons entitled to such funds. One of the
statements shall be filed with the State Treasurer with the cash and another
shall be delivered to the office for filing. The person entitled to the
distribution may file a claim with the State Treasurer in the manner provided
by ORS 98.392 and 98.396. [1987 c.52 §154; 1993 c.694 §34; 2019 c.678 §47]
FOREIGN CORPORATIONS
(Authority to Transact
Business)
Plain English Explanation
This Oregon statute addresses Asset
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 60.674
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Asset
. Read the full statute text above for details.
This page reflects the current text as of our last update. Always verify with the official Oregon legislature website for the most current version.
The formal citation is Oregon Code § 60.674. Use this format in legal documents and court filings.
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