ORS 65.757
Judgment of revocation
(1)
If after a hearing a court determines that one or more grounds for judicial revocation of authority described in ORS 65.751 (Grounds for judicial revocation) exists, the court may enter a judgment revoking a foreign corporation’s authority to transact business in Oregon and specifying the effective date of the revocation. The clerk of the court shall deliver a certified copy of the judgment to the Secretary of State for filing.(2)
The authority of a foreign corporation to transact business in Oregon ceases as of the date of the judgment of revocation.(3)
The judgment of revocation of a foreign corporation’s authority to transact business in this state appoints the Secretary of State the foreign corporation’s agent for service of process in any proceeding based on a cause of action which arose during the time the foreign corporation was authorized to transact business in this state.(4)
Revocation of a foreign corporation’s authority to transact business in this state terminates the authority of the foreign corporation’s registered agent. [1989 c.1010 §163; 2003 c.576 §330; 2019 c.174 §106]
Source:
Section 65.757 — Judgment of revocation, https://www.oregonlegislature.gov/bills_laws/ors/ors065.html
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