Oregon Statutes 67.346 – Articles and plan of conversion
(1) After the owners approve a conversion, the converting business entity shall:
Terms Used In Oregon Statutes 67.346
- Business: includes every trade, occupation, profession and commercial activity. See Oregon Statutes 67.005
- State: means a state of the United States, the District of Columbia, the Commonwealth of Puerto Rico or any territory or insular possession subject to the jurisdiction of the United States. See Oregon Statutes 67.005
(a) File articles of conversion that state the name and type of business entity that existed before conversion, the name and type of business entity that will exist after conversion and the names and addresses of at least two partners; and
(b) File a plan of conversion or, in lieu of a plan of conversion, a written declaration that:
(A) Identifies an address for an office of the converted entity where the plan of conversion is on file; and
(B) States that the converted entity will provide any owner with a copy of the plan of conversion upon request and at no cost.
(2) The conversion takes effect at the later of the date and time determined in accordance with ORS § 67.017 or the date and time determined under the statutes that govern the business entity that is not a partnership. [1999 c.362 § 44; 2001 c.315 § 10; 2015 c.28 § 8]