Oregon Code § 63.714·Enacted ·Last updated March 01, 2026
Statute Text
Effect
of authority.
(1)
The laws of the state or other jurisdiction under which a foreign limited
liability company is organized shall govern its organization and internal
affairs and the liability of its members.
(2) Except as
provided in subsection (3) of this section, a foreign limited liability company
may not be denied registration by reason of any difference between the laws of
this state and the laws of the state or other jurisdiction under which the
foreign limited liability company is organized.
(3)
Notwithstanding subsections (1) and (2) of this section, no foreign limited
liability company shall be authorized or permitted to exercise any powers or
purposes or conduct any business or affairs in this state that a domestic
limited liability company is proscribed from exercising, pursuing or
undertaking in this state. [1993 c.173 §79; 1995 c.93 §22]
Plain English Explanation
This Oregon statute addresses Effect
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 63.714
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Effect
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