Oregon Code § 65.964·Enacted ·Last updated March 01, 2026
Statute Text
Saving
provisions.
(1)
Except as provided in subsections (2), (3) and (4) of this section, the repeal
of a statute by chapter 1010, Oregon Laws 1989, does not affect:
(a) The operation
of the statute or any action taken under it before its repeal;
(b) Any
ratification, right, remedy, privilege, obligation or liability acquired,
accrued or incurred under the statute before its repeal;
(c) Any violation
of the statute, or any penalty, forfeiture or punishment incurred because of
the violation, before its repeal; or
(d) Any
proceeding, reorganization or dissolution commenced under the statute before
its repeal. The proceeding, reorganization or dissolution may be completed in
accordance with the statute as if it had not been repealed.
(2) The
provisions of ORS 65.387 to 65.414 shall apply to all indemnification made by a
corporation after October 3, 1989, and all other actions regarding
indemnification taken by or on behalf of a corporation or by a court after
October 3, 1989, including all indemnification made and other actions taken
after October 3, 1989, with respect to claims that arose or matters that
occurred prior to October 3, 1989, or pursuant to any provisions of any
articles of incorporation, bylaws, resolutions or agreements in effect prior to
October 3, 1989.
(3) If a penalty
or punishment imposed for violation of a statute repealed by chapter 1010,
Oregon Laws 1989, is reduced by this chapter, the penalty or punishment, if not
already imposed, shall be imposed in accordance with this chapter.
(4) This chapter
shall apply to any amendment to a corporations articles of incorporation filed
after October 3, 1989, even if member approval of such amendment occurred prior
to October 3, 1989.
(5) Except as
specifically provided in this chapter, nothing in this chapter shall affect any
powers the Attorney General may have under other statutes or common law. [1989
c.1010 §174]
Plain English Explanation
This Oregon statute addresses Saving
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 65.964
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
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