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Code · Oregon · ORS Chapter 60 · Private Corporations · Dissolution

60.631 Articles of dissolution

137 words·~1 min read·/or/ors-chapter-60/private-corporations/dissolution/60-631·

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60.631 Articles of dissolution.
(1)At any time after dissolution is authorized, the corporation may dissolve by delivering to the office for filing articles of dissolution setting forth:
(a)The name of the corporation;
(b)The date dissolution was authorized;
(c)If dissolution was approved by the shareholders:
(A)The number of votes entitled to be cast on the proposal to dissolve; and
(B)The total number of votes cast for and against dissolution and a statement that the number cast for dissolution was sufficient for approval; and
(d)If voting by voting groups is required, the information required by paragraph
(c)of this subsection separately provided for each voting group entitled to vote separately on the plan to dissolve.
(2)A corporation is dissolved upon the effective date of its articles of dissolution. [1987 c.52 §141]
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