Oregon Statutes 62.611 – Articles and plan of conversion
(1) After the owners approve a conversion, the converting business entity shall:
Terms Used In Oregon Statutes 62.611
- Articles: means articles of incorporation, articles of conversion or articles of merger. See Oregon Statutes 62.015
- Cooperative: means a cooperative corporation that is subject to the provisions of this chapter. See Oregon Statutes 62.015
(a) File articles of conversion that state the name and type of business entity that existed before conversion and the name and type of business entity that will exist after conversion; and
(b) File a plan of conversion or, in lieu of a plan of conversion, a written declaration that:
(A) Identifies an address for an office of the converted entity where the plan of conversion is on file; and
(B) States that the converted entity will provide any owner with a copy of the plan of conversion upon request and at no cost.
(2) The conversion takes effect at the later of the date and time determined in accordance with ORS § 62.035 or the date and time determined under the statutes that govern the business entity that is not a cooperative. [1999 c.362 § 22; 2001 c.315 § 8; 2015 c.28 § 2a]