Oregon Code § 67.755·Enacted ·Last updated March 01, 2026
Statute Text
Procedure
for and effect of revocation.
(1) If the Secretary of State determines that one or more grounds exist under
ORS 67.750 for revocation of authority of a foreign limited liability
partnership to transact business in this state, the Secretary of State shall
give the foreign limited liability partnership written notice of the
determination.
(2) If the
foreign limited liability partnership does not correct each ground for
revocation or demonstrate to the reasonable satisfaction of the Secretary of
State that each ground determined by the Secretary of State does not exist
within 45 days after notice is given, the Secretary of State shall revoke the
authority of the foreign limited liability partnership.
(3) The authority
of a foreign limited liability partnership to transact business in this state
ceases as of the date of revocation of its authority to transact business in
this state.
(4) The Secretary
of States revocation of a foreign limited liability partnerships authority to
transact business in this state appoints the Secretary of State as the foreign
limited liability partnerships agent for service of process in any proceeding
based on a cause of action which arose during the time the foreign limited
liability partnership was authorized to transact business in this state. [1997
c.775 §76]
Plain English Explanation
This Oregon statute addresses Procedure
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 67.755
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Procedure
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