The five year limit for reinstating a corporation, limited liability company, partnership, or business trust whose status has been administratively dissolved pursuant to ORS 60.647, 63.647, 65.647, 67.655, 70.430, 128.597, or 554.302 may be waived by the Secretary of State if the entity requests the waiver and provides evidence of the entity’s continued existence as an active concern during the period of administrative dissolution.

1. (1) A dissolved business entity that wishes to reinstate shall submit to the Corporation Division a reinstatement application, current annual report, appropriate fee, and documentation showing evidence of continued existence during dissolution.

2. (2) Continued existence of the entity as an active concern shall be shown by:

   1. (a) Documentation provided by the entity demonstrating continued operation or existence, such as a signed statement by a certified public accountant or licensed attorney, tax or financial records, and
   2. (b) Additional documentation the Secretary of State may require.

Statutory/Other Authority

ORS 56.022

Statutes/Other Implemented

ORS 60.654, 63.654, 65.654, 67.665, 70.440, 128.599 & 554.307

History

CORP 2-2012, f. & cert. ef. 3-1-12
CORP 1-2009, f. & cert. ef. 9-3-09