Oregon Statutes 63.647 – Grounds for administrative dissolution
The Secretary of State may commence a proceeding under ORS § 63.651 to administratively dissolve a limited liability company if:
Terms Used In Oregon Statutes 63.647
- Articles of organization: means the document described in ORS § 63. See Oregon Statutes 63.001
- Proceeding: means any threatened, pending or completed action, suit or proceeding whether civil, criminal, administrative or investigatory and whether formal or informal. See Oregon Statutes 63.001
(1) The limited liability company does not pay when due any fees imposed by this chapter;
(2) The limited liability company does not deliver the limited liability company’s annual report to the Secretary of State when due;
(3) The limited liability company fails to comply with an order from the Secretary of State under ORS § 63.032 (1) or is the subject of a recommendation for dissolution from the Director of the Department of Revenue under ORS § 63.032 (3);
(4) The limited liability company is without a registered agent or registered office in this state;
(5) The limited liability company does not notify the Secretary of State that the limited liability company’s registered agent or registered office has changed, that the registered agent has resigned or that the registered office has been discontinued; or
(6) The limited liability company’s period of duration stated in the articles of organization expires. [1993 c.173 § 62; 2017 c.705 § 23]