Oregon Code § 65.371·Enacted ·Last updated March 01, 2026
Statute Text
Required officers.
(1) A corporation must have a president, a secretary, a treasurer and such
other officers as are elected or appointed by the board of directors or by any
other person as the articles of incorporation or bylaws may authorize, provided
that the articles of incorporation or bylaws may designate other titles in lieu
of president, secretary and treasurer.
(2) The bylaws or
the board of directors shall delegate to one of the officers responsibility for
preparing minutes of the board of directors meetings and membership meetings
and for authenticating records of the corporation.
(3)(a) Except as
provided in paragraph (b) of this subsection, the same individual may
simultaneously hold more than one office in a corporation and an officer may
be, but need not be, a member of the board of directors.
(b) The same
individual may not serve simultaneously as the president, secretary and
treasurer of a public benefit corporation. [1989 c.1010 §93; 1991 c.231 §7;
2019 c.174 §69]
Plain English Explanation
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 65.371
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
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