Oregon Statutes 63.747 – Reinstatement of authority
(1) A foreign limited liability company that has had its authority revoked under ORS § 63.741 may apply to the Secretary of State for reinstatement within five years from the date of revocation. The application shall:
Terms Used In Oregon Statutes 63.747
- Foreign limited liability company: means an entity that is an unincorporated association organized under laws other than the laws of the state and that is organized under a statute under which an association may be formed that affords to each of the entity's members limited liability with respect to the liabilities of the entity. See Oregon Statutes 63.001
(a) State the name of the foreign limited liability company and the effective date its authority was revoked; and
(b) State that the ground or grounds for revocation of authority either did not exist or have been eliminated.
(2) If the Secretary of State determines that the application contains the information required by subsection (1) of this section, that the information is correct and that the foreign limited liability company’s name satisfies the requirements of ORS § 63.717, the Secretary of State shall reinstate the authority.
(3) When the reinstatement is effective, it relates back to and takes effect as of the effective date of the administrative revocation of authority and the foreign limited liability company resumes carrying on its business as if the administrative revocation of authority had never occurred. [1993 c.173 § 89; 1995 c.215 § 12]
RECORDS AND REPORTS
(Records)