Oregon Revised Statutes Chapter 65 § 65.301 — Requirement for and duties of board
Oregon Revised Statutes Chapter 65 ·
Oregon Code § 65.301·Enacted ·Last updated March 01, 2026
Statute Text
Requirement for and duties of board.
(1) Each corporation must have a board of directors.
(2) The board of
directors shall exercise, or delegate or otherwise authorize the exercise of,
all corporate powers and shall direct the management of the corporations
affairs, subject to any limitation set forth in the articles of incorporation.
The board of directors shall retain authority over an exercise of corporate
powers that the board delegates or authorizes under this section. [1989 c.1010 §70;
2019 c.174 §51]
Plain English Explanation
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 65.301
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
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