(1) If after a hearing the court determines that one or more grounds for judicial dissolution described in ORS 65.661 exist, it may enter a judgment dissolving the corporation and specifying the effective date of the dissolution. The clerk of the court shall deliver a certified copy of the judgment to the Office of the Secretary of State for filing.
(2) After entering the judgment of dissolution, the court shall direct the winding up and liquidation of the corporation’s affairs in accordance with ORS 65.637 and the notification of claimants in accordance with ORS 65.641 and 65.644. [1989 c.1010 §145; 2003 c.576 §329]
(Disposition of Assets)
Section: Previous 65.647 65.651 65.654 65.657 65.661 65.664 65.667 65.671 65.674 65.701 65.704 65.707 65.711 65.714 65.717 NextLast modified: August 7, 2008