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2017 Oregon Revised Statutes
Volume : 02 - Business Organizations, Commercial Code
Chapter 060 - Private Corporations
Section 60.621 - Dissolution by incorporators or initial directors.
Universal Citation: OR Rev Stat § 60.621 (2017)
(1) A majority of the incorporators or initial directors of a corporation that has not issued shares and has not commenced business may dissolve the corporation by delivering articles of dissolution to the office for filing.
(2) Articles of dissolution shall set forth:
(a) The name of the corporation;
(b) The date of its incorporation;
(c) That none of the corporation’s shares has been issued and that the corporation has not commenced business;
(d) That no debt of the corporation remains unpaid; and
(e) That a majority of the incorporators or initial directors authorized the dissolution. [1987 c.52 §138; 1987 c.579 §5]
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