2011 Oregon Revised Statutes
ORS Volume 2, Chapters 56 - 89
ORS Chapter 65
65.651 Procedure for and effect of administrative dissolution.
(1) If the Secretary of State determines that one or more grounds exist under ORS 65.647 for dissolving a corporation, the Secretary of State shall give the corporation written notice of that determination.
(2) If the corporation does not correct each ground for dissolution or demonstrate to the reasonable satisfaction of the Secretary of State, within 45 days after notice is given that each ground determined by the Secretary of State does not exist, the Secretary of State shall administratively dissolve the corporation, and in the case of a public benefit corporation shall notify the Attorney General in writing.
(3) A corporation administratively dissolved continues its corporate existence but may not carry on any activities except those necessary to wind up and liquidate its affairs under ORS 65.637 and notify its claimants under ORS 65.641 and 65.644.
(4) The administrative dissolution of a corporation does not terminate the authority of its registered agent. [1989 c.1010 139; 1993 c.190 6]
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