ORS 67.344: Action on plan of conversion.

(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 other than a partnership, as provided by the statutes governing that business entity.

      (2) After a conversion is approved, and at any time before articles of conversion are filed, the planned conversion may be abandoned, subject to any contractual rights:

      (a) By a partnership that planned to convert to another business entity, in accordance with the procedure set forth in the plan of conversion or, if none is set forth, by a vote of the partners; and

      (b) By a business entity other than a partnership that planned to convert to a partnership, in accordance with the procedure set forth in the plan of conversion or, if none is set forth, in the manner permitted by the statutes governing that business entity.