ORS 128.599 Reinstatement of Business Trust Following Inactivation

• Library: Oregon Statutes
• Edition: 2023
• Currency: Current through legislation effective January 1, 2024
• Year: 2023
• Citation: ORS 128.599

(1) A business trust that the Secretary of State inactivated under ORS 128.597 may apply to the Secretary of State for reinstatement within five years from the date of inactivation. The application must state:

(a) The name of the business trust and effective date of the business trust's administrative inactivation; and

(b) That the ground or grounds for inactivation 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 business trust's name satisfies the requirements of ORS 60.094, the Secretary of State shall reinstate the business trust.