Oregon Statutes 65.787 – Annual report
(1) A domestic corporation, and a foreign corporation authorized to transact business in this state, shall by the corporation’s anniversary deliver to the Secretary of State for filing an annual report that sets forth:
Terms Used In Oregon Statutes 65.787
- Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
- Anniversary: means February 28 if an event occurs that would otherwise cause an anniversary to fall on February 29. See Oregon Statutes 65.001
- Articles of incorporation: means the articles of incorporation described in ORS § 65. See Oregon Statutes 65.001
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Corporation: means a domestic corporation or a foreign corporation. See Oregon Statutes 65.001
- Deliver: means to transfer by any method of delivery used in conventional commercial practice, including delivery by hand, mail, commercial delivery and electronic transmission. See Oregon Statutes 65.001
- Domestic corporation: means a nonprofit corporation that is not a foreign corporation and that is incorporated under or subject to the provisions of this chapter. See Oregon Statutes 65.001
- Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
- Foreign corporation: means a corporation that is organized under laws other than the laws of the state and that would be a nonprofit corporation if organized under the laws of the state. See Oregon Statutes 65.001
- Mutual benefit corporation: means a domestic corporation that is organized to serve and operates primarily to serve the mutual interests of a group of persons, but is not a public benefit corporation or religious corporation. See Oregon Statutes 65.001
- Nonprofit corporation: means a mutual benefit corporation, a public benefit corporation or a religious corporation. See Oregon Statutes 65.001
- Notice: means a notice described in ORS § 65. See Oregon Statutes 65.001
- Principal office: means the physical street address of the place, in or out of this state, where the principal executive offices of a domestic corporation or foreign corporation are located and that is designated as the principal office in the most recent annual report filed in accordance with ORS § 65. See Oregon Statutes 65.001
- Public benefit corporation: means a domestic corporation that:
(a) Is formed as a public benefit corporation under ORS § 65. See Oregon Statutes 65.001
- Religious corporation: means a domestic corporation that is formed as a religious corporation under ORS § 65. See Oregon Statutes 65.001
(a) The name of the corporation and the state or country under whose law the corporation is incorporated;
(b) The street address of the corporation’s registered office and the name of the corporation’s registered agent at the registered office in this state;
(c) If the registered agent is changed, a statement that indicates that the new registered agent has consented to the appointment;
(d) The address including street and number and mailing address if different from the corporation’s principal office;
(e) The names and addresses of the president and secretary of the corporation;
(f) A brief description of the nature of the activities of the corporation;
(g) Whether or not the corporation has members;
(h) If the corporation is a domestic corporation, whether the domestic corporation is a public benefit corporation, mutual benefit corporation or religious corporation;
(i) If the corporation is a foreign corporation, whether the foreign corporation would be a public benefit corporation, mutual benefit corporation or religious corporation had the foreign corporation been incorporated in this state; and
(j) Additional identifying information that the Secretary of State may require by rule.
(2) The information contained in the annual report must be current as of 30 days before the anniversary of the corporation.
(3) The Secretary of State shall mail the annual report form to any address shown for the domestic corporation or foreign corporation in the Secretary of State’s current records. The failure of the domestic corporation or foreign corporation to receive the annual report form from the Secretary of State does not relieve the corporation of the duty under this section to deliver an annual report to the Secretary of State.
(4) If an annual report does not contain the information this section requires, the Secretary of State shall promptly notify the reporting domestic corporation or foreign corporation in writing and return the report to the corporation for correction. The domestic corporation or foreign corporation must correct the error within 45 days after the Secretary of State gives the notice.
(5)(a) A domestic corporation or foreign corporation may update information that is required or permitted in an annual report filing at any time by delivering to the Secretary of State for filing:
(A) An amendment to the annual report if a change in the information set forth in the annual report occurs after the report is delivered to the Secretary of State for filing and before the next anniversary; or
(B) A statement with the change if the update occurs before the domestic corporation or foreign corporation files the first annual report.
(b) This subsection applies only to a change that is not required to be made by an amendment to the articles of incorporation.
(c) The amendment to the annual report filed under paragraph (a) of this subsection must set forth:
(A) The name of the corporation as shown on the Secretary of State’s records; and
(B) The information as changed.
(6) The Secretary of State may not charge a nonprofit corporation a fee to file an annual report under ORS § 56.140 if the nonprofit corporation provides evidence to the Secretary of State that:
(a) The purpose of the nonprofit corporation as set forth in the articles of incorporation is to maintain a historic cemetery; and
(b) The historic cemetery that the nonprofit corporation maintains is listed with the Oregon Commission on Historic Cemeteries under ORS § 97.782. [1989 c.1010 § 170; 2007 c.186 § 8; 2009 c.122 § 2; 2011 c.147 § 16; 2019 c.174 § 110]
TRANSFER OF ASSETS OF HOSPITAL