Limited Liability Companies

ORS 63.494
Articles and plan of merger


(1)

After each business entity that is a party to a merger approves a plan of merger, the surviving business entity shall deliver to the office of the Secretary of State for filing:

(a)

Articles of merger that set forth the name and type of each business entity that intends to merge and the name and type of the business entity that will survive the merger;

(b)

A plan of merger or, in lieu of a plan of merger, a written declaration that:

(A)

Identifies an address for an office of the surviving entity where the plan of merger is on file; and

(B)

States that the surviving entity will provide any owner, member or shareholder of any constituent entity with a copy of the plan of merger upon request and at no cost; and

(c)

A written declaration that states that each business entity that is a party to the merger duly authorized and approved the plan of merger in accordance with ORS 63.487 (Action on plan of merger).

(2)

The merger takes effect on the later of the date and time determined in accordance with ORS 63.011 (Effective time and date of document) or the date and time determined under the statutes that govern any party to the merger that is a business entity other than a limited liability company. [1993 c.173 §92; 1999 c.362 §38; 2015 c.28 §4]
Chapter 63

Law Review Citations

30 WLR 291 (1994); 73 OLR 5, 25, 43, 133, 151 (1994)


Source

Last accessed
Jun. 26, 2021