Oregon Statutes - Chapter 65 - Nonprofit Corporations - Section 65.754 - Procedure for judicial revocation of authority.

(1) Venue for a proceeding by the Attorney General to revoke a foreign corporationís 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 corporationís 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 corporationís 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 corporationís 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. [1989 c.1010 §162]

Section:  Previous  65.731  65.734  65.737  65.741  65.744  65.747  65.751  65.754  65.757  65.771  65.774  65.777  65.781  65.782  65.784  Next

Last modified: August 7, 2008