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Code · Oregon · ORS Chapter 70 · Limited Partnerships

70.025 Registered agent; registered office; changing agent

328 words·~1 min read·/or/ors-chapter-70/limited-partnerships/70-025·

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

70.025 Registered agent; registered office; changing agent. (1)(a) A domestic limited partnership and a foreign limited partnership that does business in this state and all general partners of each domestic limited partnership or foreign limited partnership must continuously maintain in this state a registered agent and a registered office. The registered office must be located at a physical street address where process may be personally served on the registered agent. The registered office may not be a commercial mail receiving agency, a mail forwarding business or a virtual office.
(b)The registered agent must be:
(A)An individual resident of this state who has a business office in this state;
(B)A domestic corporation, domestic limited liability company, domestic professional corporation or domestic nonprofit corporation that has a business office in this state; or
(C)A foreign corporation, foreign limited liability company, foreign professional corporation or foreign nonprofit corporation that is authorized to transact business in this state and has a business office in this state.
(2)A domestic or foreign limited partnership and the general partners of the domestic or foreign limited partnership may change the registered agent of the domestic or foreign limited partnership by submitting for filing to the Office of Secretary of State a statement described in this subsection. The statement must be executed by a general partner. Filing the statement immediately terminates the existing registered agent and establishes the newly appointed registered agent as the registered agent of the domestic or foreign limited partnership and the general partners of the domestic or foreign limited partnership. The statement must include:
(a)The name of the domestic or foreign limited partnership and the name and address of each general partner of the domestic or foreign limited partnership; and
(b)The name of the successor registered agent and the physical street address of the registered agent’s business office in this state. [1985 c.677 §5a; 1987 c.543 §3; 2001 c.315 §31; 2013 c.158 §32; 2017 c.705 §29]
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