2017 ORS 60.737¹
Grounds for revocation

The Secretary of State may commence a proceeding under ORS 60.741 (Procedure for and effect of revocation) to revoke the authority of a foreign corporation to transact business in this state if:

(1) The foreign corporation does not deliver the corporation’s annual report to the Secretary of State within the time prescribed by this chapter;

(2) The foreign corporation does not pay within the time prescribed by this chapter any fees imposed by this chapter;

(3) The foreign corporation fails to comply with an order from the Secretary of State under ORS 60.032 (Investigations of violations of chapter) (1);

(4) The foreign corporation has failed to appoint or maintain a registered agent or registered office in this state as prescribed by this chapter;

(5) The foreign corporation does not inform the Secretary of State under ORS 60.724 (Change of registered office or registered agent of foreign corporation) or 60.727 (Resignation of registered agent of foreign corporation) 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;

(6) An incorporator, director, officer or agent of the foreign corporation signed a document knowing the document was false in any material respect with intent that the document be delivered to the office for filing; or

(7) The Secretary of State receives a duly authenticated certificate from the official having custody of corporate records in the state or country under whose law the foreign corporation is incorporated stating that the foreign corporation has been dissolved or disappeared as the result of a merger. [1987 c.52 §166; 2017 c.705 §16]

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.