65.664 Procedure for judicial dissolution
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/or/ors-chapter-65/nonprofit-corporations/dissolution/65-664·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
65.664 Procedure for judicial dissolution.
(1)Venue for a proceeding by the Attorney General to dissolve a corporation lies in Marion County, in Multnomah County or in the county where a corporation’s principal office is located or, if the principal office is not in this state, where the corporation’s registered office is or was last located. A party named in ORS 65.661, other than the Attorney General, must bring a proceeding to dissolve a corporation in the county where the corporation’s principal office is located or, if the principal office is not in this state, in the county where the corporation’s registered office is or was last located.
(2)Directors or members are not necessary parties to a proceeding to dissolve a corporation unless relief is sought against a director or member 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 activities of the corporation until a full hearing can be held.
(4)A person other than the Attorney General who brings a judicial dissolution proceeding for a public benefit corporation or religious corporation shall give immediate written notice of the proceeding to the Attorney General, who may intervene. [1989 c.1010 §143; 2019 c.174 §96]