(1) A domestic or foreign corporation may correct a document filed by the Secretary of State, other than an annual report, if the document contains an incorrect statement or was defectively signed, attested, sealed, verified or acknowledged.

Terms Used In Oregon Statutes 60.014

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Foreign corporation: means a corporation for profit that is incorporated under laws other than the laws of the state. See Oregon Statutes 60.001
  • Signature: means any embodiment of a person's intent to sign a document. See Oregon Statutes 60.001

(2) A domestic or foreign corporation shall correct a document by delivering articles of correction to the office. The articles must include the following:

(a) A description of the document, including the document’s filing date, or a copy of the document.

(b) The incorrect statement and the reason the statement is incorrect, or a description of the manner in which the signature, attestation, seal, verification or acknowledgment is defective.

(c) A correction of the incorrect statement or defective signature, attestation, seal, verification or acknowledgment.

(3) Articles of correction are effective on the effective date of the document they correct except as to persons relying on the uncorrected document and adversely affected by the correction. As to those persons, articles of correction are effective when filed. [1987 c.52 § 8; 2017 c.55 § 3]