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9 chapters · 973 sections in this title.
ORS 67.315 Settlement of accounts and contributions among partners
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(1) In winding up a partnership’s business, the assets of the partnership, including the contributions of the partners required by this section, must be applied to discharge its obligations to creditors, including, to the extent permitted by law, partners who are creditors. Any s…
ORS 67.340 Definitions for ORS 67.340 to 67.365
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As used in ORS 67.340 to 67.365: (1) “Business entity” means: (a) Any of the following for-profit entities: (A) A professional corporation organized under ORS chapter 58, predecessor law or comparable law of another jurisdiction; (B) A corporation organized under ORS chapter 60, …
ORS 67.342 Conversion
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(1)(a) A business entity may be converted to a partnership organized under this chapter. (b) A partnership organized under this chapter may be converted to another business entity organized under the laws of this state if the statutes that govern the other business entity permit …
ORS 67.344 Action on plan of conversion
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(1) A plan of conversion shall be approved by each business entity that is a party to the conversion, as follows: (a) In the case of a partnership, by all of the partners, unless a lesser vote is provided in the partnership agreement; and (b) In the case of a business entity othe…