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OpenJurist

ORS 65.074

Known as the Oregon Nonprofit Corporation Act

The act spans §§ 65–65 (202 sections).

Applied in 2 court decisions — leading case Tort Committee v. Roman Catholic Archbishop of Portland in Oregon (2005)

Most recently applied in State v. Peterson (February 2021)

1989 c.1010 §28; 2019 c.174 §22

(1) Every corporation incorporated under this chapter has the purpose of engaging in any lawful activity unless a more limited purpose is set forth in the articles of incorporation. A person may not incorporate a corporation under this chapter for any illegal purpose or with an intent to fraudulently conceal any business activity from another person or a governmental agency.

(2) A corporation that is subject to regulation under another statute of the state may not be incorporated under this chapter if the corporation must be organized under the other statute.

Official source: Oregon State Legislature. Reproduced from public-domain Oregon statutes; confirm against the official source for the current text. Not legal advice.