If a limited liability company indemnifies or advances expenses to a member or manager under ORS 63.160 in connection with a proceeding by or in the right of the limited liability company, the limited liability company shall report the indemnification or advance in writing to the members.
ORS 63.784
Known as the Oregon Limited Liability Company Act
The act spans §§ 63–63 (137 sections).
1993 c.173 §99; 1999 c.86 §17
Official source: Oregon State Legislature. Reproduced from public-domain Oregon statutes; confirm against the official source for the current text. Not legal advice.