(1) Venue for a proceeding by the Attorney General to revoke a foreign corporations authority lies in Marion County. Venue for a proceeding brought by any other person named in ORS 65.751 lies in the county where a corporations principal Oregon office is located or where its registered office is or was last located. (2) It is not necessary to make directors or members parties to a proceeding to revoke the authority of a corporation. (3) A court in a proceeding brought to revoke a corporations authority may issue injunctions, appoint a receiver or custodian pendente lite with all powers and duties the court directs, take other action required to preserve the corporate assets located in Oregon and carry on the corporations Oregon activities until a full hearing can be held. (4) A person other than the Attorney General who brings a revocation proceeding for a foreign corporation that would have been a public benefit or religious corporation had it been incorporated in this state, shall forthwith give written notice of the proceeding to the Attorney General who may intervene.
‹ Prev All Oregon sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.