Oregon Code § 65.074·Enacted ·Last updated March 01, 2026
Statute Text
Purposes.
(1)
Every corporation incorporated under this chapter has the purpose of engaging
in any lawful activity unless a more limited purpose is set forth in the
articles of incorporation. A person may not incorporate a corporation under
this chapter for any illegal purpose or with an intent to fraudulently conceal
any business activity from another person or a governmental agency.
(2) A corporation
that is subject to regulation under another statute of the state may not be
incorporated under this chapter if the corporation must be organized under the
other statute. [1989 c.1010 §28; 2019 c.174 §22]
Plain English Explanation
This Oregon statute addresses Purposes. AI-powered analysis coming soon.
Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 65.074
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Purposes. Read the full statute text above for details.
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