2011 Oregon Revised Statutes
ORS Volume 2, Chapters 56 - 89
ORS Chapter 60
60.434 Amendment by board of directors.


OR Rev Stat § 60.434 (through Leg Sess 2011) What's This?

Unless the articles of incorporation provide otherwise, a corporation s board of directors may adopt one or more amendments to the corporation s articles of incorporation without shareholder action to:

(1) Extend the duration of the corporation if it was incorporated at a time when limited duration was required by law;

(2) Delete the names and addresses of the initial directors;

(3) Delete the name and address of the initial registered agent or registered office, if a statement of change is on file with the office of the Secretary of State;

(4) Delete the mailing address if an annual report has been filed with the office of the Secretary of State;

(5) Change the corporate name by substituting the word corporation, incorporated, company, limited, or the abbreviation corp., inc., co. or ltd., for a similar word or abbreviation in the name, or by adding, deleting or changing a geographical attribution for the name;

(6) In the case of a corporation registered as an open-end investment company under the Investment Company Act of 1940, as amended, increase or decrease the number of shares the corporation is authorized to issue; or

(7) Make any other change expressly permitted by this chapter to be made without shareholder action. [1987 c.52 104; 1989 c.1040 23; 1991 c.883 8; 1997 c.249 25]

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