2017 ORS 60.647¹
Grounds for administrative dissolution

The Secretary of State may commence a proceeding under ORS 60.651 (Procedure) to administratively dissolve a corporation if:

(1) The corporation does not pay when due any fees imposed by this chapter;

(2) The corporation does not deliver the corporation’s annual report to the Secretary of State when due;

(3) The corporation fails to comply with an order from the Secretary of State under ORS 60.032 (Investigations of violations of chapter) (1) or is the subject of a recommendation for dissolution from the Director of the Department of Revenue under ORS 60.032 (Investigations of violations of chapter) (3);

(4) The corporation is without a registered agent or registered office in this state;

(5) The corporation does not notify the Secretary of State that the corporation’s registered agent or registered office has changed, that the registered agent has resigned or that the registered office has been discontinued; or

(6) The corporation’s period of duration stated in the articles of incorporation expires. [1987 c.52 §146; 2017 c.705 §14]

Chapter 60

Notes of Decisions

In General

Owner of corporate shares that does not meet defini­tion for “shareholder” does not have statutorily created inspec­tion rights. Yeoman v. Public Safety Center, Inc., 241 Or App 255, 250 P3d 411 (2011), Sup Ct review denied

Atty. Gen. Opinions

Under Former Similar Statutes (Ors Chapter 58)

This chapter as authorizing partnership of corpora­tion and individual; validity of partnership between a private corpora­tion and an individual when corpora­tion charter so provides, (1972) Vol 36, p 94

Law Review Cita­tions

Under Former Similar Statutes (Ors Chapter 57)

18 WLR 123 (1982)

In General

24 WLR 203, 257, 275 (1988); 30 WLR 407 (1994)

1 Legislative Counsel Committee, CHAPTER 60—Private Corporations, https://­www.­oregonlegislature.­gov/­bills_laws/­ors/­ors060.­html (2017) (last ac­cessed Mar. 30, 2018).
 
2 Legislative Counsel Committee, Annotations to the Oregon Revised Stat­utes, Cumulative Supplement - 2017, Chapter 60, https://­www.­oregonlegislature.­gov/­bills_laws/­ors/­ano060.­html (2017) (last ac­cessed Mar. 30, 2018).
 
3 OregonLaws.org assembles these lists by analyzing references between Sections. Each listed item refers back to the current Section in its own text. The result reveals relationships in the code that may not have otherwise been apparent.