(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