Oregon Limited Liability Company Act

Oregon · Limited Liability Companies · §§ 63.001 to 63.992 · 137 sections

Overview

This act governs the formation, internal governance, and dissolution-adjacent administration of limited liability companies, a business form in which owners hold membership interests without personal liability for the entity's debts. It establishes the mechanics of coming into existence and staying in good standing — articles of organization filed with a state authority, name requirements and reservation, a registered office and agent for service of process, amendment and correction procedures, and fees and penalties for false filings. It also supplies the default rules of internal affairs, chiefly the operating agreement and its enforcement, member- versus manager-managed structures, the agency authority and conduct standards of members and managers, capital contributions, access to company records, and the sharing of profits, losses, and distributions.

Editorial summary generated from the text of this act. It is not part of the statute — read the sections below for the operative language.

In the courts

Sections of this act have been cited in 93 court decisions.

Most-cited authority: 356 Or. 254 - Cortez v. Nacco Materials Handling Group, Inc.

Sections covered

ORS 63.001Corporations and Partnerships › Limited Liability Companies12 cites
ORS 63.002Corporations and Partnerships › Limited Liability Companies3 cites
ORS 63.004Corporations and Partnerships › Limited Liability Companies
ORS 63.007Corporations and Partnerships › Limited Liability Companies
ORS 63.010Corporations and Partnerships › Limited Liability Companies
ORS 63.011Corporations and Partnerships › Limited Liability Companies
ORS 63.014Corporations and Partnerships › Limited Liability Companies
ORS 63.016Corporations and Partnerships › Limited Liability Companies
ORS 63.017Corporations and Partnerships › Limited Liability Companies
ORS 63.020Corporations and Partnerships › Limited Liability Companies
ORS 63.021Corporations and Partnerships › Limited Liability Companies
ORS 63.024Corporations and Partnerships › Limited Liability Companies
ORS 63.027Corporations and Partnerships › Limited Liability Companies
ORS 63.030Corporations and Partnerships › Limited Liability Companies
ORS 63.031Corporations and Partnerships › Limited Liability Companies
ORS 63.032Corporations and Partnerships › Limited Liability Companies
ORS 63.034Corporations and Partnerships › Limited Liability Companies1 cite
ORS 63.040Corporations and Partnerships › Limited Liability Companies
ORS 63.044Corporations and Partnerships › Limited Liability Companies
ORS 63.047Corporations and Partnerships › Limited Liability Companies
ORS 63.050Corporations and Partnerships › Limited Liability Companies
ORS 63.051Corporations and Partnerships › Limited Liability Companies
ORS 63.054Corporations and Partnerships › Limited Liability Companies1 cite
ORS 63.057Corporations and Partnerships › Limited Liability Companies
ORS 63.060Corporations and Partnerships › Limited Liability Companies
ORS 63.070Corporations and Partnerships › Limited Liability Companies
ORS 63.074Corporations and Partnerships › Limited Liability Companies1 cite
ORS 63.077Corporations and Partnerships › Limited Liability Companies3 cites
ORS 63.094Corporations and Partnerships › Limited Liability Companies
ORS 63.097Corporations and Partnerships › Limited Liability Companies
ORS 63.101Corporations and Partnerships › Limited Liability Companies
ORS 63.110Corporations and Partnerships › Limited Liability Companies
ORS 63.111Corporations and Partnerships › Limited Liability Companies
ORS 63.114Corporations and Partnerships › Limited Liability Companies
ORS 63.117Corporations and Partnerships › Limited Liability Companies
ORS 63.121Corporations and Partnerships › Limited Liability Companies
ORS 63.130Corporations and Partnerships › Limited Liability Companies9 cites
ORS 63.135Corporations and Partnerships › Limited Liability Companies
ORS 63.140Corporations and Partnerships › Limited Liability Companies4 cites
ORS 63.145Corporations and Partnerships › Limited Liability Companies
ORS 63.150Corporations and Partnerships › Limited Liability Companies
ORS 63.155Corporations and Partnerships › Limited Liability Companies7 cites
ORS 63.160Corporations and Partnerships › Limited Liability Companies1 cite
ORS 63.165Corporations and Partnerships › Limited Liability Companies11 cites
ORS 63.170Corporations and Partnerships › Limited Liability Companies
ORS 63.175Corporations and Partnerships › Limited Liability Companies
ORS 63.180Corporations and Partnerships › Limited Liability Companies
ORS 63.185Corporations and Partnerships › Limited Liability Companies
ORS 63.195Corporations and Partnerships › Limited Liability Companies
ORS 63.200Corporations and Partnerships › Limited Liability Companies1 cite
ORS 63.205Corporations and Partnerships › Limited Liability Companies
ORS 63.209Corporations and Partnerships › Limited Liability Companies2 cites
ORS 63.210Corporations and Partnerships › Limited Liability Companies
ORS 63.215Corporations and Partnerships › Limited Liability Companies
ORS 63.219Corporations and Partnerships › Limited Liability Companies
ORS 63.220Corporations and Partnerships › Limited Liability Companies
ORS 63.225Corporations and Partnerships › Limited Liability Companies2 cites
ORS 63.229Corporations and Partnerships › Limited Liability Companies3 cites
ORS 63.230Corporations and Partnerships › Limited Liability Companies
ORS 63.235Corporations and Partnerships › Limited Liability Companies2 cites
ORS 63.239Corporations and Partnerships › Limited Liability Companies4 cites
ORS 63.240Corporations and Partnerships › Limited Liability Companies
ORS 63.245Corporations and Partnerships › Limited Liability Companies
ORS 63.249Corporations and Partnerships › Limited Liability Companies3 cites
ORS 63.250Corporations and Partnerships › Limited Liability Companies
ORS 63.255Corporations and Partnerships › Limited Liability Companies
ORS 63.259Corporations and Partnerships › Limited Liability Companies1 cite
ORS 63.260Corporations and Partnerships › Limited Liability Companies
ORS 63.265Corporations and Partnerships › Limited Liability Companies3 cites
ORS 63.270Corporations and Partnerships › Limited Liability Companies
ORS 63.280Corporations and Partnerships › Limited Liability Companies
ORS 63.290Corporations and Partnerships › Limited Liability Companies
ORS 63.300Corporations and Partnerships › Limited Liability Companies
ORS 63.310Corporations and Partnerships › Limited Liability Companies
ORS 63.320Corporations and Partnerships › Limited Liability Companies
ORS 63.330Corporations and Partnerships › Limited Liability Companies
ORS 63.340Corporations and Partnerships › Limited Liability Companies
ORS 63.350Corporations and Partnerships › Limited Liability Companies
ORS 63.431Corporations and Partnerships › Limited Liability Companies
ORS 63.434Corporations and Partnerships › Limited Liability Companies
ORS 63.437Corporations and Partnerships › Limited Liability Companies
ORS 63.441Corporations and Partnerships › Limited Liability Companies
ORS 63.444Corporations and Partnerships › Limited Liability Companies
ORS 63.467Corporations and Partnerships › Limited Liability Companies
ORS 63.470Corporations and Partnerships › Limited Liability Companies
ORS 63.473Corporations and Partnerships › Limited Liability Companies
ORS 63.476Corporations and Partnerships › Limited Liability Companies
ORS 63.479Corporations and Partnerships › Limited Liability Companies
ORS 63.481Corporations and Partnerships › Limited Liability Companies
ORS 63.487Corporations and Partnerships › Limited Liability Companies
ORS 63.494Corporations and Partnerships › Limited Liability Companies
ORS 63.497Corporations and Partnerships › Limited Liability Companies
ORS 63.501Corporations and Partnerships › Limited Liability Companies
ORS 63.621Corporations and Partnerships › Limited Liability Companies
ORS 63.625Corporations and Partnerships › Limited Liability Companies2 cites
ORS 63.629Corporations and Partnerships › Limited Liability Companies2 cites
ORS 63.631Corporations and Partnerships › Limited Liability Companies
ORS 63.637Corporations and Partnerships › Limited Liability Companies3 cites
ORS 63.641Corporations and Partnerships › Limited Liability Companies1 cite
ORS 63.644Corporations and Partnerships › Limited Liability Companies
ORS 63.645Corporations and Partnerships › Limited Liability Companies1 cite
ORS 63.647Corporations and Partnerships › Limited Liability Companies1 cite
ORS 63.651Corporations and Partnerships › Limited Liability Companies1 cite
ORS 63.654Corporations and Partnerships › Limited Liability Companies1 cite
ORS 63.657Corporations and Partnerships › Limited Liability Companies
ORS 63.661Corporations and Partnerships › Limited Liability Companies2 cites
ORS 63.664Corporations and Partnerships › Limited Liability Companies
ORS 63.671Corporations and Partnerships › Limited Liability Companies
ORS 63.674Corporations and Partnerships › Limited Liability Companies
ORS 63.701Corporations and Partnerships › Limited Liability Companies
ORS 63.704Corporations and Partnerships › Limited Liability Companies1 cite
ORS 63.707Corporations and Partnerships › Limited Liability Companies1 cite
ORS 63.711Corporations and Partnerships › Limited Liability Companies
ORS 63.714Corporations and Partnerships › Limited Liability Companies
ORS 63.717Corporations and Partnerships › Limited Liability Companies
ORS 63.721Corporations and Partnerships › Limited Liability Companies
ORS 63.724Corporations and Partnerships › Limited Liability Companies
ORS 63.727Corporations and Partnerships › Limited Liability Companies
ORS 63.731Corporations and Partnerships › Limited Liability Companies
ORS 63.734Corporations and Partnerships › Limited Liability Companies
ORS 63.737Corporations and Partnerships › Limited Liability Companies
ORS 63.741Corporations and Partnerships › Limited Liability Companies
ORS 63.744Corporations and Partnerships › Limited Liability Companies
ORS 63.747Corporations and Partnerships › Limited Liability Companies
ORS 63.771Corporations and Partnerships › Limited Liability Companies
ORS 63.777Corporations and Partnerships › Limited Liability Companies
ORS 63.781Corporations and Partnerships › Limited Liability Companies
ORS 63.784Corporations and Partnerships › Limited Liability Companies
ORS 63.787Corporations and Partnerships › Limited Liability Companies
ORS 63.801Corporations and Partnerships › Limited Liability Companies1 cite
ORS 63.810Corporations and Partnerships › Limited Liability Companies2 cites
ORS 63.951Corporations and Partnerships › Limited Liability Companies
ORS 63.955Corporations and Partnerships › Limited Liability Companies
ORS 63.960Corporations and Partnerships › Limited Liability Companies
ORS 63.965Corporations and Partnerships › Limited Liability Companies
ORS 63.990Corporations and Partnerships › Limited Liability Companies
ORS 63.992Corporations and Partnerships › Limited Liability Companies

Enacted in other states

Colorado, Delaware, Illinois, Kentucky, Massachusetts, Maryland, Montana, New Mexico, Oklahoma, Rhode Island, South Dakota, Tennessee, Virginia, Wyoming

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