Current through 2024 Regular Session legislation effective June 6, 2024
Section 65.631 - Articles of dissolution(1) At any time after dissolution is authorized, a corporation may dissolve by delivering to the Secretary of State for filing, articles of dissolution setting forth: (a) The name of the corporation;(b) The date dissolution was authorized;(c) A statement that dissolution was approved by a sufficient vote of the board of directors;(d) If approval of members was not required, a statement to that effect and a statement that dissolution was approved by a sufficient vote of the board of directors or incorporators;(e) If approval by members entitled to vote was required:(A) The designation and number of members of, and number of votes entitled to be cast by, each class entitled to vote separately on dissolution; and(B) The total number of votes cast for and against dissolution by each class entitled to vote separately on dissolution;(f) If approval of dissolution by some person or persons other than the members entitled to vote on dissolution, the board or the incorporators is required pursuant to ORS 65.624(1)(c), a statement that the approval was obtained; and(g) If the corporation is a public benefit corporation or religious corporation, that the notice to the Attorney General required by ORS 65.627 has been given.(2) A corporation is dissolved upon the effective date of the corporation's articles of dissolution.Amended by 2019 Ch. 174,§ 91, eff. 5/24/2019, op. 1/1/2020.