{"data":{"id":"us-or/ors-60.434","jurisdiction":"us-or","citation":"ORS 60.434","heading":"Amendment by board of directors.","body":"Unless the articles of incorporation provide otherwise, a corporation’s board of directors may adopt one or more amendments to the corporation’s articles of incorporation without shareholder action to:\n      (1) Extend the duration of the corporation if it was incorporated at a time when limited duration was required by law;\n      (2) Delete the names and addresses of the initial directors;\n      (3) Delete the name and address of the initial registered agent or registered office, if a statement of change is on file with the office of the Secretary of State;\n      (4) Delete the mailing address if an annual report has been filed with the office of the Secretary of State;\n      (5) Change the corporate name by substituting the word “corporation,” “incorporated,” “company,” “limited,” or the abbreviation “corp.,” “inc.,” “co.” or “ltd.,” for a similar word or abbreviation in the name, or by adding, deleting or changing a geographical attribution for the name;\n      (6) In the case of a corporation registered as an open-end investment company under the Investment Company Act of 1940, as amended, increase or decrease the number of shares the corporation is authorized to issue; or\n      (7) Make any other change expressly permitted by this chapter to be made without shareholder action.","path":["02 - Business Organizations, Commercial Code","7. Corporations and Partnerships","Chapter 60 — Private Corporations"],"source_url":"https://www.oregonlegislature.gov/bills_laws/ors/ors060.html","current_through":"2025 Edition","vintage":"","retrieved_at":"2026-09-03T23:50:10Z","sha256":"49ae543bbd006ad946c5052086a8660bcf36fa8c9799d71f6642d96c76d19cc8","source_id":"us-or","stale":false,"prev":"us-or/ors-60.431","next":"us-or/ors-60.437"},"notice":"GroundRules: Original legal text. Not legal advice."}