Oregon Statutes 67.655 – Grounds for administrative revocation
Current as of: 2023 | Check for updates
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The Secretary of State may commence a proceeding under ORS § 67.660 to administratively revoke the registration of a limited liability partnership if:
Terms Used In Oregon Statutes 67.655
- Limited liability partnership: means a partnership that has registered under ORS § 67. See Oregon Statutes 67.005
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
- Partnership: means an association of two or more persons to carry on as co-owners a business for profit created under ORS § 67. 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
(1) The limited liability partnership does not pay when due any fees imposed by this chapter; or
(2) The limited liability partnership does not deliver its annual report to the Secretary of State when due. [1997 c.775 § 63]