(1) A corporation administratively dissolved under ORS 65.651 may apply to the Secretary of State for reinstatement within five years from the date of dissolution. The application must:
(a) State the name of the corporation and the effective date of its administrative dissolution; and
(b) State that the ground or grounds for dissolution either did not exist or have been eliminated.
(2) If the Secretary of State determines that the application contains the information required by subsection (1) of this section, that the information is correct, and that the corporationís name satisfies the requirements of ORS 65.094, the Secretary of State shall reinstate the corporation.
(3) When reinstatement is effective, it relates back to and takes effect as of the effective date of the administrative dissolution and the corporation resumes carrying on its activities as if the administrative dissolution had never occurred. [1989 c.1010 §140; 1995 c.215 §14]Section: Previous 65.631 65.634 65.637 65.641 65.644 65.647 65.651 65.654 65.657 65.661 65.664 65.667 65.671 65.674 65.701 Next
Last modified: August 7, 2008