Public-domain · open source
OpenJurist

ORS 65.439

Known as the Oregon Nonprofit Corporation Act

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

2019 c.174 §6

If a public benefit corporation has not conducted a meeting of the members and if members have not actively participated in the public benefit corporation’s affairs for three years or more, the public benefit corporation’s board of directors may act in accordance with ORS 65.434 to amend the articles of incorporation to state that the public benefit corporation does not have members if:

(1) The board first notifies any known members and posts a notice on the public benefit corporation’s website or otherwise gives comparable notice to the public of the proposed amendment to the articles of incorporation; and

(2) The board does not receive an objection from any member within 30 days after the date of the notice.

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