Oregon Code § 70.435·Enacted ·Last updated March 01, 2026
Statute Text
Notice
of administrative inactivation; effect of inactivation on authority of
registered agent.
(1) If the Secretary of State determines that one or more grounds exist under
ORS 70.430 for inactivating a certificate of limited partnership or the
registration of a foreign limited partnership, the Secretary of State shall
give the limited partnership notice of that determination.
(2) If the
limited partnership, within 45 days after the notice is given, does not correct
each ground for inactivation or demonstrate to the satisfaction of the
Secretary of State that each ground determined by the Secretary of State does
not exist, the Secretary of State shall inactivate the certificate of limited
partnership or the registration of a foreign limited partnership.
(3) The
administrative inactivation of a certificate of domestic limited partnership
does not terminate the authority of its registered agent.
(4) The
administrative inactivation of the registration of a foreign limited
partnership terminates the authority of the registered agent of the foreign
limited partnership. [1993 c.190 §14; 2001 c.315 §38]
Plain English Explanation
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 70.435
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
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