60.664 Procedure for judicial dissolution
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/or/ors-chapter-60/private-corporations/dissolution/60-664·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
60.664 Procedure for judicial dissolution.
(1)Venue for a proceeding by the Attorney General to dissolve a corporation lies in Marion County. Venue for a proceeding brought by any other party named in ORS 60.661 or 60.952 lies in the county where a corporation’s principal office is located or, if the principal office is not in this state, where its registered office is or was last located.
(2)It is not necessary to make shareholders parties to a proceeding to dissolve a corporation unless relief is sought against them individually.
(3)A court in a proceeding brought to dissolve a corporation may issue injunctions, appoint a receiver or custodian pendente lite with all powers and duties the court directs, take other action required to preserve the corporate assets wherever located and carry on the business of the corporation until a full hearing can be held. [1987 c.52 §151; 2001 c.315 §61]