Oregon Chapter 65

Chapter 65 — Nonprofit Corporations

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Chapter 65 — Nonprofit Corporations

 

2007 EDITION

 

NONPROFIT CORPORATIONS

 

CORPORATIONS AND PARTNERSHIPS

 

GENERAL PROVISIONS

 

(Definitions)

 

65.001       Definitions

 

(Filing Documents)

 

65.004       Filing requirements

 

65.007       Filing, service, copying and certification fees

 

65.011       Effective time and date of document

 

65.014       Correcting filed document

 

65.016       Forms; rules

 

65.017       Filing duty of Secretary of State

 

65.021       Appeal from Secretary of State’s refusal to file document

 

65.024       Evidentiary effect of certified copy of filed document or secretary’s certificate

 

65.027       Certificate of existence or authorization

 

(Secretary of State)

 

65.031       Powers

 

(Notice)

 

65.034       Notice

 

(Private Foundations)

 

65.036       Private foundations

 

(Judicial Relief)

 

65.038       Judicial relief

 

(Attorney General)

 

65.040       Notice to Attorney General; effect of failure to notify

 

(Religious Corporations)

 

65.042       Religious corporations; constitutional protections

 

INCORPORATION

 

65.044       Incorporators

 

65.047       Articles of incorporation

 

65.051       Incorporation

 

65.054       Liability for preincorporation transactions

 

65.057       Organization of corporation

 

65.061       Bylaws

 

65.064       Emergency bylaws and powers

 

65.067       Corporation sole

 

PURPOSES AND POWERS

 

65.074       Purposes

 

65.077       General powers

 

65.081       Emergency powers

 

65.084       Challenge of corporate authority; remedy

 

NAME

 

65.094       Corporate name

 

65.097       Reserved name

 

65.101       Registered name

 

OFFICE AND AGENT

 

65.111       Registered office and registered agent

 

65.114       Change of registered office or registered agent

 

65.117       Resignation of registered agent

 

65.121       Service on the corporation

 

MEMBERS AND MEMBERSHIPS

 

(Admission of Members)

 

65.131       Admission

 

65.134       Consideration

 

65.137       No requirement for members

 

(Members’ Rights and Obligations)

 

65.144       Differences in rights and obligations of members

 

65.147       Transfers

 

65.151       Member’s liability to third parties

 

65.154       Member’s liability for dues, assessments and fees

 

65.157       Creditor’s action against member

 

(Resignation and Termination)

 

65.164       Resignation

 

65.167       Termination, expulsion or suspension

 

65.171       Acquiring memberships

 

(Derivative Suits)

 

65.174       Derivative suits

 

(Delegates)

 

65.177       Delegates

 

MEMBERSHIP MEETINGS AND VOTING

 

(Meetings and Action Without Meetings)

 

65.201       Annual and regular meetings

 

65.204       Special meeting

 

65.207       Court-ordered meeting; attorney fees

 

65.211       Action without meeting

 

65.214       Notice of meeting

 

65.217       Waiver of notice

 

65.221       Record date

 

65.222       Action by written ballot

 

(Voting)

 

65.224       Members’ list for meeting; attorney fees

 

65.227       Voting entitlement of members

 

65.231       Proxies

 

65.234       Adjournment

 

65.237       Corporation’s acceptance of votes

 

65.241       Quorum requirements

 

65.244       Voting requirements

 

65.247       Cumulative voting for directors

 

65.251       Other methods of electing directors

 

(Voting Agreements)

 

65.254       Voting agreements

 

DIRECTORS AND OFFICERS

 

(Board of Directors)

 

65.301       Requirement for and duties of board

 

65.304       Qualifications of directors

 

65.307       Number of directors

 

65.311       Election, designation and appointment of directors

 

65.314       Terms of directors generally

 

65.317       Staggered terms for directors

 

65.321       Resignation of directors

 

65.324       Removal of directors elected by members or directors

 

65.327       Removal of directors by judicial proceeding

 

65.331       Removal of designated or appointed directors

 

65.334       Vacancy on board

 

65.335       Compensation of directors

 

(Meetings and Action of Board)

 

65.337       Regular and special meetings

 

65.341       Action without meeting

 

65.344       Call and notice of meetings

 

65.347       Waiver of notice

 

65.351       Quorum and voting

 

65.354       Committees

 

(Standards of Conduct)

 

65.357       General standards for directors

 

65.361       Director conflict of interest

 

65.364       Loans to or guarantees for directors and officers

 

65.367       Liability for unlawful distributions

 

65.369       Liability of qualified directors

 

(Officers)

 

65.371       Required officers

 

65.374       Duties and authority of officers

 

65.377       Standards of conduct for officers

 

65.381       Resignation and removal of officers

 

65.384       Contract rights of officers

 

(Indemnification)

 

65.387       Definitions for ORS 65.387 to 65.414

 

65.391       Authority to indemnify

 

65.394       Mandatory indemnification

 

65.397       Advance for expenses

 

65.401       Court-ordered indemnification

 

65.404       Determination and authorization of indemnification

 

65.407       Indemnification of officers, employees and agents

 

65.411       Insurance

 

65.414       Application of ORS 65.387 to 65.411

 

AMENDMENT OF ARTICLES OF INCORPORATION AND BYLAWS

 

(Amendment of Articles of Incorporation)

 

65.431       Authority

 

65.434       Amendment by directors

 

65.437       Amendment by board of directors and members

 

65.441       Class voting by members on amendments

 

65.447       Articles of amendment

 

65.451       Restated articles of incorporation

 

65.454       Amendment pursuant to court order

 

65.457       Effect of amendment and restatement

 

(Amendment of Bylaws)

 

65.461       Amendment by directors

 

65.464       Amendment by directors and members

 

65.467       Approval by third persons

 

MERGER

 

65.481       Approval of plan of merger

 

65.484       Limitations on mergers by public benefit or religious corporations

 

65.487       Action on plan by board, members and third persons

 

65.491       Articles of merger

 

65.494       Effect of merger

 

65.497       Merger with foreign corporation

 

65.501       Effect of merger on bequests, devises and gifts

 

65.504       Merger with business corporation

 

SALE OF ASSETS

 

65.531       Sale of assets in regular course of activities; mortgage of assets

 

65.534       Sale of assets other than in regular course of activities

 

DISTRIBUTIONS

 

65.551       Prohibited distributions

 

65.554       Authorized distributions

 

DISSOLUTION

 

(Voluntary Dissolution)

 

65.621       Dissolution by incorporators

 

65.624       Dissolution by directors, members and third persons

 

65.627       Notices to Attorney General

 

65.631       Articles of dissolution

 

65.634       Revocation of dissolution

 

65.637       Effect of dissolution

 

65.641       Known claims against dissolved corporation

 

65.644       Unknown claims against dissolved corporation

 

(Administrative Dissolution)

 

65.647       Grounds for administrative dissolution

 

65.651       Procedure for and effect of administrative dissolution

 

65.654       Reinstatement following administrative dissolution

 

65.657       Appeal from denial of reinstatement

 

(Judicial Dissolution)

 

65.661       Grounds for judicial dissolution

 

65.664       Procedure for judicial dissolution

 

65.667       Receivership or custodianship

 

65.671       Judgment of dissolution

 

(Disposition of Assets)

 

65.674       Deposit with Department of State Lands

 

FOREIGN CORPORATIONS

 

(Authority to Transact Business)

 

65.701       Authority to transact business required

 

65.704       Consequences of transacting business without authority

 

65.707       Application for authority to transact business

 

65.711       Amendment to application for authority

 

65.714       Effect of authority

 

65.717       Corporate name of foreign corporation

 

65.721       Registered office and registered agent of foreign corporation

 

65.724       Change of registered office or registered agent of foreign corporation

 

65.727       Resignation of registered agent of foreign corporation

 

65.731       Service on foreign corporation

 

(Withdrawal)

 

65.734       Withdrawal of foreign corporation

 

(Administrative Revocation of Authority)

 

65.737       Grounds for administrative revocation

 

65.741       Procedure for and effect of administrative revocation

 

65.744       Appeal from administrative revocation

 

65.747       Reinstatement following administrative revocation

 

(Judicial Revocation of Authority)

 

65.751       Grounds for judicial revocation

 

65.754       Procedure for judicial revocation of authority

 

65.757       Judgment of revocation

 

RECORDS AND REPORTS

 

(Records)

 

65.771       Corporate records

 

65.774       Inspection of records by members

 

65.777       Scope of inspection right

 

65.781       Court-ordered inspection; attorney fees

 

65.782       Limitations on use of membership list

 

(Reports)

 

65.784       Report to members and other persons of indemnification

 

65.787       Annual report

 

TRANSFER OF ASSETS OF HOSPITAL

 

65.800       Definitions for ORS 65.803 to 65.815

 

65.803       Hospitals operated by nonprofit corporation; transfer of assets; approval by Attorney General

 

65.805       Notice to Attorney General; fee; trade secrets

 

65.807       Public hearing; waiver; notice

 

65.809       Time for Attorney General decision; nature of decision; appeal

 

65.811       Disapproval of proposed transfer of assets

 

65.813       Consultants; cost; rules; fee

 

65.815       Rules

 

CEMETERIES AND CREMATORIES

 

65.855       Lands of cemetery or crematory corporation; exemption from execution, taxation and condemnation

 

65.860       Revenues; restrictions on uses of revenue

 

65.865       Selling land unsuited for burials

 

65.870       Burial lots or space; use, exemption from taxation, execution and liens; lien for purchase price of gravestone

 

65.875       Recording plan; power to improve and regulate grounds

 

MISCELLANEOUS

 

65.951       Short title

 

65.954       Reservation of power to amend or repeal

 

65.957       Application to existing domestic corporations; exemptions

 

65.959       Application to corporations relating to condominiums, planned communities or timeshare estates

 

65.961       Application to qualified foreign corporations

 

65.964       Saving provisions